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Which of the following is FALSE? a. wage indexation is very widespread in the Malaysia. b. a government bond that is indexed to the price
Which of the following is FALSE? a. wage indexation is very widespread in the Malaysia. b. a government bond that is indexed to the price level will have either the interest, the principal, or both adjusted for inflation. c. wage indexation is more prevalent in countries where uncertainty about inflation is high. d. automatic cost-of-living adjustments in formal labor contracts are common in many countries
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