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The higher that prices rise, the: (i) lower will be the purchasing power of money. (ii) lower will be the real wealth in the economy.
The higher that prices rise, the: (i) lower will be the purchasing power of money. (ii) lower will be the real wealth in the economy. (iii) higher will be the real wealth in an economy. (iv) more expensive will be the country's exports for foreigners. Question 3 options: a) (i), (ii), and (iv) b) (iv) only c) (iii) and (iv) d) (i), (ii), (iii), and (iv)
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