Which of the Following Is NOT a Cost of Inflation

question 17

Multiple Choice

Which of the following is NOT a cost of inflation?

• A) tax cost
• B) confusion cost
• C) uncertainty cost
• D) unemployment cost
• E) shoe-leather cost

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Definitions:

Life Space

A psychological concept referring to a person's psychological activities within the physical and social environment.

Valence

In psychology, the intrinsic attractiveness(positive valence) or averseness(negative valence) of an event, object, or situation.

Cohesion

The degree to which members of a group or society stick together and remain united in pursuit of common goals.

Equilibrium

A state of balance or stability within a system, organism, or environment, where competing elements are in harmony.