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Author Question: The existence of inflation does which of the following? A) facilitates the downward adjustment of ... (Read 6 times)

jparksx

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on: Jun 30, 2018
The existence of inflation does which of the following?
 
  A) facilitates the downward adjustment of real wages
  B) reduces shoe-leather costs
  C) reduces tax distortions
  D) reduces the costs associated with money illusion

Question 2

The existence of inflation does which of the following?
 
  A) reduces tax distortions
  B) reduces shoe-leather costs
  C) allows for the possibility of negative real interest rates
  D) reduces the costs associated with money illusion


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tmlewis4706

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


jparksx

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Reply #2 on: Jun 30, 2018
Thank you :)


tmlewis4706

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Reply #3 on: Jun 30, 2018
Happy to help you


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