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Business, 21.02.2020 00:59 smarty5187

Imagine that the interest rate on your savings account is 1% per year and inflation is 2% per year. After 1 year, would you be able to buy more than today, exactly the same as today, or less than today with the money in this account?A. More than it does today. B. Exactly the same. C. Less than today. D. Don't know.

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Imagine that the interest rate on your savings account is 1% per year and inflation is 2% per year....

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