According to the classical dichotomy,which of the following is not a social cost of inflation?

A. firms need to adjust their prices frequently in the presence of inflation

B. individuals need to worry about not holding too much cash

C. the wages workers earn continuously lose value due to inflation

D. the relative prices of goods are distorted

One benefitof inflation is the following

A. everyone's nominal wages increaseas a result

B. everyone's realwages increaseas a result

C. even if nominal wages are downward rigid,real wages can increase thus reducing unemployment

D. even if nominal wages are downward rigid,real wages can decreasethus reducing unemployment