What do the following two quotes have in common

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Examples of Money Illusion. What do the following two quotes have in common?

a. My wages are going up 5 percent a year. If only inflation weren t 5 percent a year, I would be rich.

b. My bank is paying 10 percent a year, but the 8 percent inflation rate is just eating up all my real investment gains. to the theory of William Dickens, how did this affect the natural rate of unemployment? (Related to Application 1 on page 336.)

Reference no: EM131130892

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