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Confusion and inconvenience costs arise wheninflation a. improves the store of value function of money. b. reduces the real value of the unit of account.

  1. Confusion and inconvenience costs arise wheninflation

a.

improves the store of value function of money.

b.

reduces the real value of the unit of account.

c.

introduces tax distortions on capital gains.

d.

reduces the real debt burden owed by borrowers.

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