If a rapid disinflation has a lower sacrifice ratio than a slow disinflation, then reducing inflation is best accomplished by

Why might the money price for something be higher than the opportunity cost? Why might it be lower? Give an example of each to illustrate your answer

Which of the following are costs incurred by people trying to protect themselves from the effects of inflation?

a. menu costs and shoeleather costs b. menu costs but not shoeleather costs c. shoeleather costs but not menu costs d. menu costs but not shoeleather costs