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Duplicate of NGPF - Saving Flashcards | StudBud
Duplicate of NGPF - Saving
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How does inflation impact the money in your savings account?
A
The purchasing power of your money decreases over time
B
Inflation decreases only the $ you earn in interest
C
Inflation increases the value of the money in your account
D
Inflation has no impact on $ in your savings account.
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