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


Discussion

No Comment Found

Related MCQs