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    Economics Study Set 6
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    Exam 25: Money,banks,and the Federal Reserve System
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    An Increase in the Purchasing Power of Money Need Not
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An Increase in the Purchasing Power of Money Need Not

Question 271

Question 271

True/False

An increase in the purchasing power of money need not lead to an increase in the purchasing power of income because the falling price level would likely mean falling wages and salaries.

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