The costs of inflation do not include _______. A. The cost of running around to compare prices

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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 Cost
Opportunity 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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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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