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economics Need help immediatly

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Inflation doesn't reduce purchasing power if ______.

price of essential products, such as food and gasoline, don't increase too much

it causes an increase in nominal wages

it remains under 10% per year

the Federal Reserve increases the money supply enough to offset it

  • economics Need help immediatly - ,

    I would go with b) if it causes an increase in nominal wages BY THE SAME PERCENTAGE AMOUNT.

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