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Which of the following is a cost of inflation?

A. Relative price variability.
B. Shoeleather costs.
C. Menu costs.
D. All of the above are correct.

Sagot :

GinnyAnsweridn

Final answer:

Menu costs and shoeleather costs are expenses incurred due to inflation, affecting firms and individuals.


Explanation:

Menu costs are the expenses firms face when adjusting prices due to inflation, impacting their operations.

Shoeleather costs represent the time and effort individuals spend to counteract inflation effects, such as increasing trips to the bank.

Both of these costs, along with price variability, contribute to the overall cost of inflation.


Learn more about Inflation costs here:

https://brainly.com/question/50965108


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