Menu Costs Refers to

question 3

Multiple Choice

Menu costs refers to

• A)resources used by people to maintain lower money holdings when inflation is high.
• B)resources used to price shop during times of high inflation.
• C)the distortion in incentives created by inflation when taxes do not adjust for inflation.
• D)the cost of more frequent price changes induced by higher inflation.

---

Definitions:

Menstruation

The monthly discharge of blood and mucosal tissue from the inner lining of the uterus through the vagina, part of the female reproductive cycle.

Menarche

The occurrence of the first menstrual period in females.

Cell Phone

A portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area.

Primary Sex Characteristics

the main organs directly involved in reproduction, including the ovaries in females and the testes in males.