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Which of the followingstatements regarding inflation is true? a.)Decreasing the discount rate is one way to combat inflation. b.)When the unemployment rate is under 5%,
Which of the followingstatements regarding inflation is true?
- a.)Decreasing the discount rate is one way to combat inflation.
- b.)When the unemployment rate is under 5%, inflation is not a concern anymore.
- c.)According to most economists, an annual inflation rate of 8% is normal and just fine.
- d.)When inflation is extreme, it can destroy a country's currency.
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