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One of the costs of inflation is the unexpected redistribution of wealth between an employee and an employer. If inflation can be perfectly anticipated (for

One of the costs of inflation is the unexpected redistribution of wealth between an employee and an employer. If inflation can be perfectly anticipated (for example, if everyone knows that inflation rate next year will be 1.7%), would this solve the problem of unexpected redistribution of wealth caused by inflation? Explain why/why not.

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