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      Question

      Which is of the following will be the result of high

      inflation for a longer period of time?
      A Erosion of purchasing power of the currency Correct Answer Incorrect Answer
      B Rise in the cost of borrowing Correct Answer Incorrect Answer
      C Increase the income inequalities Correct Answer Incorrect Answer
      D Fall in real income Correct Answer Incorrect Answer
      E All of the above Correct Answer Incorrect Answer

      Solution

      The correct answer is E

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