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    Business
  3. Study Set
    Macroeconomics Study Set 57
  4. Exam
    Exam 16: Inflation
  5. Question
    The Time, Money, and Effort One Spends Managing Cash in the Face
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The Time, Money, and Effort One Spends Managing Cash in the Face

Question 120

Question 120

Multiple Choice

The time, money, and effort one spends managing cash in the face of inflation is referred to as:


A) shoe-leather costs.
B) menu costs.
C) tax distortions.
D) the velocity of inflation.

Correct Answer:

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