Question

10/16/18 38% Inflation imposes many costs on the economy: shoe-leather costs, money illusion, menu costs, future price level uncertainty wealth redistribution, price confusion, and tax distortions. For each of the following statements, determine the associated cost. Be careful! Some of the statements may not go into any of the categories because two categories are missing Items (7 items) (Drag and drop into the appropriate area below) Jim is reluctantKallie is taking A jeweler at the end of the ATM now than in price of gold rise his revenue The CEO of GM worries that Your grandmother's savings account pays 2% interest, but inflation is to sell his stocks more trips to the observes the because the price of donuts increased from $1 to $2 since last week ne and wonders if there is a received in the future wont the past. shortage of gold. cover the expenses he incurs today Categories Price confu Drag and drop here. ;Drag anddop here : Dragand drop here·Dragand drop here , : Drag and drop here