Unit-Of-Account Costs

Multiple Choice

Unit-of-account costs:

A) arise from the extra effort people must expend to reduce their holdings of money when inflation is high
B) arise from the extra effort people must expend to reduce their holdings of money when inflation is high.
C) are costs of changing listed prices of goods and services in response to inflation.
D) are costs of changing listed prices of goods and services in response to inflation
E) arise from the way inflation makes money less reliable as unit of measurement.
F) arise from the way inflation makes money less reliable as unit of measurement
G) are the cost savings associated with holding less money during times of inflation.
H) are the cost savings associated with holding less money during times of inflation