The "true" costs of inflation to an economy include all of the following except:
A)shoe-leather costs.
B)higher relative prices.
C)noise in the price system.
D)unexpected redistribution of wealth.

Question

Quizplus · Accepted Answer

Higher relative prices indicate that a particular good or service has become more scares compared to others. This phenomenon is not necessarily related to inflation.

The "True" Costs of Inflation to an Economy Include All