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Unit-Of-Account Costs Refer to the Problem Associated with High Inflation

Question 323

Multiple Choice

Unit-of-account costs refer to the problem associated with high inflation rates that:


A) cause people to expend extra effort to reduce their holdings of money.
B) result in increased costs associated with necessary changes in the list price of items.
C) makes money a less reliable unit of measurement.
D) decrease the costs associated with holding less money.

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