Multiple Choice
Which of the following is not a cost imposed by inflation?
A) Inflation reduces the affordability of goods and services to the average consumer.
B) The money that consumers and firms hold loses its purchasing power.
C) Firms must pay for changing prices on products and printing new catalogs.
D) Banks can lose if they under predict inflation and charge an interest rate that does not completely compensate for inflation.
Correct Answer:

Verified
Correct Answer:
Verified
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