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The shoeleather cost of inflation refers to a)the redistributional effects of unexpected inflation. b) the time spent searching for low prices when...

The shoeleather cost of inflation refers to

a)the redistributional effects of unexpected inflation.

b) the time spent searching for low prices when inflation rises.

c) the waste of resources used to maintain lower money holdings.

d)the increased cost to the government of printing more money.

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The shoeleather cost of inflation refers to
a)the redistributional effects of unexpected inflation.
b) the time spent searching for low prices when inflation rises.
c) the waste of resources used...

Sign up to view the full answer

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