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