Which of the following is a significant cost of inflation?
A)printing more money
B)lower nominal interest rates
C)relative price variability
D)higher unemployment

Name: Which of the following is a significant cost of inflation? A)printing more money B)lower nominal interest rates C)relative price variability D)higher unemployment
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Question

Quizplus · Accepted Answer

Inflation can cause relative price variability, which distorts consumer choices and resource allocation, leading to inefficiencies in the economy.

Which of the Following Is a Significant Cost of Inflation