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What effect will disinflation following a highly inflationary period have on the reported income of the firm? Why might disinflation prove favorable to financial assets?
What effect will disinflation following a highly inflationary period have on the reported income of the firm? Why might disinflation prove favorable to financial assets? Comparisons of income can be very difficult for two companies, even though they sell the same products in equal volume. Why?
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