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3 years ago

What are the costs of inflation? Which of these costs do you think are most important for the U5. economy?

Business

1 answer:

vesna_86 [32]3 years ago

5 0

Explanation:

Menu cost, shoe leather cost, losing money and wealth redistribution from creditors to debtors through inflation.

Most people cut down their spending when they are not making enough money or when there is continuous increase in price, during this period people are mindful of what they spend money on, this will lead to lowered economic growth over a long period of time.

The most important will be the effect of money losing it's value, the fact that money loses its purchasing power which will lead to decrease in demand for goods and services as well as lack of savings will increase the bottleneck on welfare services as people will rely more on them, this will hurt US the most.

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Snezhnost [94]

Answer:

The answer is a. True.

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2 years ago

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balu736 [363]

This should be True.

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2 years ago

Which tool of monetary policy allows the Federal Reserve to decrease the

mihalych1998 [28]

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2 years ago

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If the total value of goods exported from a nation is less than the total value of goods imported to the nation, the nation is e

kompoz [17]

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1 year ago

________is a nonprofit organization that provides free online and in-person assistance to entrepreneurs in the form of training,

podryga [215]

Answer:

SCORE

Explanation:

<em>"SCORE’s mission is to foster vibrant small business communities through mentoring and education."</em>

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2 years ago