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You have to pay costs for your business now, but you also have to enter into contracts to pay wages and supply costs in the
You have to pay costs for your business now, but you also have to enter into contracts to pay wages and supply costs in the future. If inflation occurs, the best term for the problem that arises in this case is
Group of answer choices
menu costs.
price confusion.
future price uncertainty.
deflationary price pressures.
present value/future value uncertainty.
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