Question

select all that apply. which of the following are considered true costs of inflation? unexpected redistribution of wealth meat - and - potatoes costs interference with long - term planning shoe - leather costs noise expected redistributions of wealth

Explanation:

Unexpected redistribution of wealth occurs as inflation can change the real - value of debts and assets. Interference with long - term planning happens because future prices and values become less certain. Shoe - leather costs refer to the resources wasted in trying to avoid the costs of holding cash during inflation. These are all recognized costs of inflation. "Meat - and - potatoes costs" and "noise" are not standard economic terms for inflation costs, and expected redistributions of wealth are less of a cost as economic agents can adjust.

Answer:

unexpected redistribution of wealth
interference with long - term planning
shoe - leather costs