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    Macroeconomics Study Set 39
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    Exam 5: Inflation: Its Causes, Effects, and Social Costs
  5. Question
    The Inconvenience Associated with Reducing Money Holdings to Avoid the Inflation
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The Inconvenience Associated with Reducing Money Holdings to Avoid the Inflation

Question 87

Question 87

Multiple Choice

The inconvenience associated with reducing money holdings to avoid the inflation tax is called:


A) menu costs.
B) shoeleather costs.
C) variable yardstick costs.
D) fixed costs.

Correct Answer:

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