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If Inflation Is Anticipated,some Effects of Inflation on the Redistribution

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If inflation is anticipated,some effects of inflation on the redistribution of income can be avoided.


Definitions:

Categorize Items

The process of organizing goods or services into groups or categories based on their characteristics or functions.

Inventory Items

Goods and materials that a business holds for the ultimate goal of resale or production.

Non-inventory Items

Items that a business sells but does not maintain in physical inventory, often including services and digital goods.

Services

Intangible products offered by businesses, such as consulting, repairs, or entertainment.

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