To select: Correct statement related to the GDP fund said by the Jay Stiles and McCracken. Introduction : Inflation is situation of the market in which prices are increased and purchasing power is also increased. In this situation the interest rates are decreased. Hence for the retirees’ person this portfolio is not profitable.

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Chapter 10, Problem 16PS

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To select: Correct statement related to the GDP fund said by the Jay Stiles and McCracken.

Introduction : Inflation is situation of the market in which prices are increased and purchasing power is also increased. In this situation the interest rates are decreased. Hence for the retirees’ person this portfolio is not profitable.

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