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Suppose that at the end of a given year there has been unanticipated inflation of 4 percent. Who is better off at the end of the year?
In God We Trust
The official motto of the United States, adopted in 1956, which appears on American currency and symbolizes the country's acknowledgment of religion in public life.
Currency
The system of money in general use in a particular country, region, or economic system, facilitating trade and economic activities.
1950s
A decade marked by post-World War II recovery, significant socioeconomic growth, the beginning of the Cold War, and cultural transitions in many parts of the world.
Youth Culture
A social construct that refers to the ways young people express themselves and the norms, values, and practices unique to their age group.
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