The costs of inflation do not include _______. A. The cost of running around to compare prices
Question:
The costs of inflation do not include _______.
A. The cost of running around to compare prices at different outlets
B. The increased opportunity cost of holding money
C. The tax on money held by individuals and businesses
D. An increase in saving and investment
Opportunity CostOpportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
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