Question
What impact can high inflation have on the domestic currency government debt with a face value that is fixed in nominal terms? a. It decreases
What impact can high inflation have on the domestic currency government debt with a face value that is fixed in nominal terms?
a. It decreases the real debt liabilities of the government.
b. It increases the real debt liabilities of the government.
c. It increases default risk.
d. It boosts investor confidence.
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Intermediate Algebra
Authors: Margaret Lial, John Hornsby, Terry McGinnis
13th Edition
0134895983, 978-0134895987
