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If Inflation Is Unanticipated,no Redistribution of Income Can Occur

question 136

True/False

If inflation is unanticipated,no redistribution of income can occur.

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Definitions:

Market Prices

Market prices are the current prices at which goods, services, or financial assets can be bought or sold in a marketplace.

Market Prices

The current value or cost of a commodity, security, or service as determined by supply and demand in the open market.

Continually Fluctuating

Refers to constant changes or instability in values, prices, or conditions, often seen in financial markets or economic indicators.

Efficient

Being efficient refers to achieving maximum productivity with minimum wasted effort or expense.

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