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1.What is inflation? 2.What is the primary cause of inflation? 3.How will high and variable rates of inflation influence the purchasing power of people? 4.How

1.What is inflation?

2.What is the primary cause of inflation?

3.How will high and variable rates of inflation influence the purchasing power of people?

4.How does money of stable value influence the volume of trade?

5.The protection of property rights and other basic functions of government will require taxes. But when government becomes highly involved in other activities, marginal tax rates will be pushed upward. What are some problems that arise in countries with high tax rates?

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