The costs of inflation to households and firms due to holding less money and making more frequent trips to the bank are known as

A) seigniorage.
B) menu costs.
C) velocity costs.
D) shoe-leather costs.

D

Economics

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Explain why a movement from a point inside a production possibilities frontier to the production possibilities frontier is described as a free lunch and a movement along a production possibilities frontier is described as a tradeoff

What will be an ideal response?

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When a country has a large amount of dead capital

A) there is too much political freedom. B) there is a large amount of economic growth. C) large amounts of capital will be inefficiently employed. D) a country's exports increase.

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