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For countries with low seigniorage returns, we expect: (select all that apply) PPP holding better PPP holding worse O a high inflation rate O a

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For countries with low seigniorage returns, we expect: (select all that apply) PPP holding better PPP holding worse O a high inflation rate O a low inflation rate O a variable inflation rate O a stable inflation rate a larger role for their currencies as an international store of value a smaller role for their currencies as an international store of value none of these

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