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Which of the Following Is an Example of the "Shoe-

Question 8

Multiple Choice

Which of the following is an example of the "shoe- leather costs" of inflation?


A) An artificial rise in the capital gains tax.
B) The need to take more trips to the bank.
C) A rise in the cost of primary raw materials, like leather for shoes.
D) Miscalculations due to money illusion.
E) The increase in bank transactions fees.

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