Economics: Principles & Policy
14th Edition
ISBN: 9781337696326
Author: William J. Baumol; Alan S. Blinder; John L. Solow
Publisher: Cengage Learning
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Chapter 37, Problem 11DQ
To determine
Explain the reason for the given statement.
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I think it would decrease, since inflation is increasing over time.
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Economics: Principles & Policy
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