Which of the following is not the cost of reducing inflation to zero?
A) preventing arbitrary redistributions of wealth associated with dollar-denominated debts
B) reducing the variability of relative prices
C) eliminating the confusion and inconvenience resulting from a changing unit of account
D) the high unemployment and low output needed to reduce inflation
Correct Answer:
Verified
Q1: Which of the following statements is correct?
A)the
Q3: Inflation confers benefit to society, and it
Q4: Fiscal policy works with a lag because
Q5: Which of the following is the main
Q6: Although price stability may be desirable, the
Q7: A nation's saving rate is a key
Q8: Which of the following is the benefit
Q9: In the 1970s, the Australian government decided
Q10: The budget deficit is a major piece
Q11: The main advantage of making monetary policy
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