Econ 3213 This question is intended to walk you through a stylized example indicating that expected inflation has a cost when there is a lack of indexation in the economy. So suppose that for the annual labor income bracket [40,000, 59,999], taxes on labor income are 10%, for the labor income bracket [60,000, 79,999], taxes on labor income are 20%, and for the labor income bracket [80,000, 99,999], taxes on labor income are 30%