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  3. 2. explain the following costs of inflation: (2 ma

2. Explain the following costs of inflation: (2 Marks) 2.1. Shoe-leather costs 2.2. Tax distortions...

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Accounting

2. Explain the following costs of inflation: (2 Marks) 2.1. Shoe-leather costs 2.2. Tax distortions 2.3. Misallocation of resources from relative-price variability 2.4. Menu costs

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