Which statements about inflation are correct? 1.Higher inflation improves real asset returns. 2.Inflation enhances the value of
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Question:
Which statements about inflation are correct?
1.Higher inflation improves real asset returns.
2.Inflation enhances the value of money.
3.Inflation is a sign that a country's economy may be operating above capacity.
4.Rising inflation erodes the standard of living.
a.1 and 2
b.1 and 4
c.2 and 3
d.3 and 4
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