Shoe leather costs of inflation

Name: Shoe leather costs of inflation
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Shoe leather costs refer to the increased costs of time and effort that individuals have to spend to keep up with inflation, for example, by going to the bank frequently to withdraw cash. As the inflation rate rises, these costs also increase as people need to make more frequent trips to the bank or adjust their accounts more often to keep up with rising prices. The other options are not related to this concept.

Shoe Leather Costs of Inflation