The "shoe-leather costs" of inflation are the costs from
A) the government taking a higher percentage of interest income.
B) higher prices for all goods, including necessities such as shoes.
C) confusion as people lose track of real costs and benefits.
D) higher taxes due to higher inflation.
E) time spent trying to spend money quickly.
E
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Why would a firm price discriminate? Because price discrimination allows the firm to
a. increase consumer surplus b. create brand multiplication c. select the best consumers who are willing to pay the highest price d. convert consumer surplus into economic profit e. shift its demand curve to the right
A high rate of black male joblessness
A. has not existed since the Great Depression. B. has developed just since the 2001 recession and the subsequent "jobless recovery." C. has been very serious problem for at least a decade. D. never existed.