The "true" costs of inflation to an economy include all of the following except:
A. higher relative prices.
B. noise in the price system.
C. shoe-leather costs.
D. unexpected redistribution of wealth.
Answer: A
Economics
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Conceptually, the efficient level of carbon emissions is the level for which
A) the marginal benefit of reducing carbon emissions is maximized. B) the marginal benefit of reducing carbon emissions is minimized and the marginal cost of reducing carbon emissions is maximized. C) the marginal benefit of reducing carbon emissions is equal to the marginal cost of reducing carbon emissions. D) the marginal cost of reducing carbon emissions is minimized.
Economics
Microeconomic topics include the overall unemployment rate in the United States and the rate of inflation
a. True b. False
Economics