Solved

Unit-Of-Account Costs Refer to the Problem Associated with High Inflation

Question 343

Multiple Choice

Unit-of-account costs refer to the problem associated with high inflation rates that:


A) cause people to expend extra effort to reduce their holdings of money.
B) result in increased costs associated with necessary changes in the list price of items.
C) makes money a less reliable unit of measurement.
D) decrease the costs associated with holding less money.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents