4. Which of the following is the most likely result of inflation? a. falling employment b. a...

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4. Which of the following is the most likely result of inflation?

a. falling employment

b. a dollar buys more than it did before

c. people are discouraged from holding cash

d. price stability

e. low aggregate output per capita

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Related Book For  book-img-for-question

Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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