MCQOPTIONS
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| 1. |
Which of the following are costs of inflation ? |
| A. | inflation weakens the creation of credit and capital markets |
| B. | - inflation distorts business behavior especially investment behavior |
| C. | I- inflation increase the price of foreign goods relative to domestic goods |
| D. | - Inflation imposes a tax on the holders of money |
| Answer» B. - inflation distorts business behavior especially investment behavior | |