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Discussion :: IBPS BANK EXAM TEST 6

  1. When the rate of inflation increases____
    2. A.

    purchasing power of money increases
    B.

    purchasing power of money decreases
    C.

    value of money increases
    D.

    purchasing power of money remains unaffected
    E.

    amount of money in circulation decreases

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    Answer : Option B

    Explanation :

    purchasing power of money decreases

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