Menu cost, shoe-leather cost or unit-of-account costs

Module Four Quiz Back to Assignment Attempts Keep the Highest / 1 11. Identifying costs of inflation Kate owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in her cash register from falling too quickly, Kate sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store's revenues from the effects of inflation. This is an example of the of inflation. Grade It Now Save & Continue Continue without saving