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​Unexpected and Large Deflation Is Desirable, According to the Friedman

question 182

True/False

​Unexpected and large deflation is desirable, according to the Friedman rule.


Definitions:

Devalues

Reduces the value, importance, or quality of something.

US Exporters

Companies or individuals located in the United States that sell goods or services to buyers in other countries.

Chinese Yuan

The official currency of the People's Republic of China, also known as Renminbi.

US Dollars

The official currency of the United States, widely used as a standard and reserve currency worldwide.

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