Shoe-leather costs of inflation arise from the Select one: a. increasing costs of agricultural products as inflation
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Question:
Shoe-leather costs of inflation arise from the
Select one:
a. increasing costs of agricultural products as inflation rises.
b. increase of velocity as inflation rises.
c. increasing costs of apparel (clothes and shoes) as inflation rises.
d. decline in the use of money as a unit of account.
e. confusion that results from higher inflation.
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