The "Shoe-Leather Costs" of Inflation Are the Costs from

Multiple Choice

The "shoe-leather costs" of inflation are the costs from

A) higher prices for all goods, including necessities such as shoes.
B) the government taking a higher percentage of interest income.
C) confusion as people lose track of real costs and benefits.
D) time spent trying to spend money quickly.
E) higher taxes due to higher inflation.