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Proper inflation accounting is necessary to measure the size of the real deficit for which of the following reasons? Question 17 options: a) As a
Proper inflation accounting is necessary to measure the size of the real deficit for which of the following reasons? Question 17 options: a) As a lender, the government gains from inflation. b) The government is a borrower that pays back dollars of less real value in inflationary times. c) Otherwise, the deficit is understated in inflationary times. d) Interest payments tend to fall in inflationary times
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