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If the price index moves from 107 to 110 , the rate of inflation is: A. 3% B. 30% C. 28% D. 2.8% Question 32

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If the price index moves from 107 to 110 , the rate of inflation is: A. 3% B. 30% C. 28% D. 2.8% Question 32 Deflation actually hurts A. borrowers B. Lenders C. Neither borrowers nor lenders D. BOTH borrowers and lenders

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