Identify the cost of inflation described. The cost of wheat has gone up down to a drought, so local restaurants charge more for pasta they serve. Shoe-leather cost. Menu cost. Unit-of-account cost. This is not a cost of inflation.

Identify the cost of inflation described. The cost of wheat has gone up down to a drought, so local restaurants charge more for pasta they serve. Shoe-leather cost. Menu cost. Unit-of-account cost. This is not a cost of inflation.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 9E

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Question

Identify the cost of inflation described. The cost of wheat has gone up down to a drought, so local restaurants charge more
for pasta they serve.
Shoe-leather cost.
Menu cost.
Unit-of-account cost.
This is not a cost of inflation.

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