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Inflation decreases the growth of capital because i. when the after-tax real interest rate falls, savings decreases.
Ii) velocity increases when inflation increases.
Iii) the higher the inflation rate, the higher is the true income tax rate on income from capital.
Generation X
Refers to the cohort of people born approximately between 1965 and 1980, known for their bridge between the baby boomers and millennials.
Generation Y
A demographic cohort following Generation X and preceding Generation Z, typically known for being born from the early 1980s to the mid-1990s.
Generation Y
A demographic cohort following Generation X, typically defined as those born from the early 1980s to the mid-1990s, also known as Millennials.
Information Technology
The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.
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