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    				| 1. | 
                                    (i) Inflation is taxation without legislation was said by Milton Friedman. (ii) Money is the most liquid form of capital.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false (c) (i) is true but (ii) is false (d) (i) is false but (ii) is true | 
                            
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Answer»  (a) Both (i) and (ii) are true  | 
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