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Thank you! Which of the following computes the growth in purchasing power? O A. (1 + inflation rate) / (1 + nominal rate) O B.
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Which of the following computes the growth in purchasing power? O A. (1 + inflation rate) / (1 + nominal rate) O B. (1 + real rate) / (1 + nominal rate) O c. growth of money / growth of prices O D. growth of money + growth of prices Step by Step Solution
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