Multiple Choice
You have to pay costs for your business now but you also have to enter into long-term contracts to repay loans in the future.If inflation occurs,the best term for the problem that occurs in this case is:
A) menu costs.
B) price confusion.
C) future price uncertainty.
D) deflationary price pressures.
E) present value/future value uncertainty.
Correct Answer:
Verified
Correct Answer:
Verified
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