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  3. Study Set
    Principles of Economics
  4. Exam
    Exam 37: Five Debates Over Macroeconomic Policy
  5. Question
    Inflation Is Often Deemed as the Necessary Economic Evil Because
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Inflation Is Often Deemed as the Necessary Economic Evil Because

Question 2

Question 2

Multiple Choice

Inflation is often deemed as the necessary economic evil because it is associated with _____.


A) noise in the price system
B) distortions of the tax system
C) shoe-leather costs
D) all of the given options

Correct Answer:

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