

MCQOPTIONS
Saved Bookmarks
1. |
Which of the following are costs of inflation ?_x005F_x000D_I- inflation weakens the creation of credit and capital markets_x005F_x000D_II- inflation distorts business behavior especially investment behavior_x005F_x000D_III- inflation increase the price of foreign goods relative to domestic goods_x005F_x000D_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 | |