When the government borrows rather than taxing, the result is always increased inflation. Do you agree?
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No as the 1980s and 1990s clearly show If the government borrow...View the full answer
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Related Book For 
Principles of Money Banking and Financial Markets
ISBN: 978-0321339195
12th edition
Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell
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