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Among many economic variables, inflation is the primary variable that needs our top priority attention since inflation affects interest rate, consumers' real income, and currency
Among many economic variables, inflation is the primary variable that needs our top priority attention since inflation affects interest rate, consumers' real income, and currency value. Choose the one which is NOT correct regarding the nature of inflation. Group of answer choices If inflation increases, the interest rates will increase since the government may increase interest rates to fight against inflation. when the government prints our 1 trillion dollars and supplies the money to the market, inflation will increase, other things being equal. If employment and GDP increase, inflation will increase, other things being equal. If inflation increases, the currency value (USD in the case) also increases, other things being equal
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