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1. suppose that gasoline prices start increasing rapidly, and the clerks at your local convince store have to keep changing the billboard that advertises gas
1. suppose that gasoline prices start increasing rapidly, and the clerks at your local convince store have to keep changing the billboard that advertises gas prices. the productivity lost while they change those prices is
A. a transitory cost
b. a shoeleather cost
c. an illusory cost
d. menu cost
2. inflation tends to redistribute wealth because ;
a . contracts, loans,and the tax codes are written in the nominal terms rather than real terms
b. contracts, loans, and the tax code written in the real terms rather than nominal terms
c. contracts,loans, and the tax code are indexed
d. inflation does not tend to redistribute wealth
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