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  3. Study Set
    Principles of Macroeconomics
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    Exam 11: Money Growth and Inflation
  5. Question
    People Use More Resources to Reduce Their Money Holdings Because
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People Use More Resources to Reduce Their Money Holdings Because

Question 103

Question 103

Multiple Choice

People use more resources to reduce their money holdings because of high inflation. What is this an example of?


A) inflation-induced tax distortions
B) resource misallocation costs
C) shoe leather costs
D) menu costs

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