There are no costs to inflation if it is fully anticipated.

Name: There are no costs to inflation if it is fully anticipated.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Even if inflation is fully anticipated, there are still costs such as menu costs (the costs of changing prices), shoe leather costs (the costs associated with more frequent transactions or withdrawals of money), and the distortions it can cause in taxation and savings.

There Are No Costs to Inflation If It Is Fully