Because the inflation rate is so high Wanda refuses to carry cash. Even though it is a bother, she now goes to the ATM twice as often to get the cash she needs. Wanda's actions are an example of the

A) tax distorting costs of inflation.
B) uncertainty costs of inflation.
C) tax costs of inflation.
D) shoe-leather costs of inflation.
E) confusion costs of inflation.

D

Economics

You might also like to view...

If a corporation earns a profit, dividends must be paid

Indicate whether the statement is true or false

Economics

Suppose you are planning to open a lemonade stand. List separately all the explicit and implicit costs that might be involved

Economics