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Which of the following best describes what happens with nominal assets during inflation? ...

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Accounting

Which of the following best describes what happens with nominal assets during inflation?

A.The market value of a nominal asset will rise by an amount that is always precisely equal to the rate of inflation.

B. The real value of a nominal asset will fall.

C. The real value of a nominal asset will tend to rise during inflation, sometimes by a rate greater than inflation.

D. The real value of the nominal asset will remain the same during inflation

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