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An increase in the rate of inflation, while the nominal interest rate and future real incomes stay the same Question 2 options: will make savers
An increase in the rate of inflation, while the nominal interest rate and future real incomes stay the same Question 2 options: will make savers better off and save more. will make savers worse off and save less. will make savers worse off but it can not be determined if they will save more or less. will make savers better off but it can not be determined if they will save more or less
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
