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Which of the following best describes the menu costs of inflation? a. None of the other answers are correct. b. Inflation requires real resources to

Which of the following best describes the menu costs of inflation? a. None of the other answers are correct. b. Inflation requires real resources to be used in changing prices. C.Inflation will cause distortions in a non-indexed tax system. d.Inflation will cause unexpected re-distributions of wealth. E.Inflation leads to a waste of real resources as people economise on cash holdings

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