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July 22, 2014

Homework Help: economics Need help immediatly

Posted by carrie on Friday, June 20, 2008 at 7:09pm.

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

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