Which of the following is NOT a cost of inflation?
A) price confusion
B) declining wages
C) money illusion
D) inflation tax

Name: Which of the following is NOT a cost of inflation? A) price confusion B) declining wages C) money illusion D) inflation tax
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Question

Quizplus · Accepted Answer

Inflation can lead to declining purchasing power, price confusion, money illusion, and inflation tax. However, declining wages are not necessarily a cost of inflation as wages may increase alongside the inflation rate.

Which of the Following Is NOT a Cost of Inflation