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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