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3. Select only the statement that are true: A. The effects of inflation are removed when the real interest rate is used. B. None of

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3. Select only the statement that are true: A. The effects of inflation are removed when the real interest rate is used. B. None of the other statements/options is correct. C. R1000 today, in 2021, will in two years' time, in 2023 , have the power to purchase goods worth R950 today, if a constant inflation rate of 5% applies. D. Inflation increases the purchasing power of money

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