Inflation Is Often Deemed as the Necessary Economic Evil Because

question 2

Multiple Choice

Inflation is often deemed as the necessary economic evil because it is associated with _____.

• A)noise in the price system
• B)distortions of the tax system
• C)shoe-leather costs
• D)all of the given options

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Definitions:

Argument's Structure

Refers to the way in which the premises of an argument support its conclusion, involving the logical relations between them.

Premises

Statements or propositions that provide the reason or support for the conclusion in an argument.

Distilling

The process of purifying a liquid by heating and cooling, or the extraction of the essential meaning or most important aspects of something.

Paragraph

A distinct section of writing that typically deals with a single theme and begins on a new line.