Question: an the May 2 , 2 0 0 6 New York Times article How Bad Is Inflation in Zimbabwe?, Mike Davies, the chairman of a
an the May New York Times article "How Bad Is Inflation in Zimbabwe?," Mike Davies, the chairman of a civicwatchdog group called the Combined Harare Residents Association, is quoted as saying, If you need something and have cash, you buy it If you have cash, you spend it today, because tomorrow it's going to be worth less."
Which problem of inflation did Mike Davies describe?
price confusion
money illusion
menu costs
shoeleather costs
Michael Wines, "How Bad Is Inflation in Zimbabwe?" The New York Times May
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