A) facilitates the downward adjustment of real wages
B) reduces shoe-leather costs
C) reduces tax distortions
D) reduces the costs associated with money illusion
ANSWER:
A) facilitates the downward adjustment of real wages
A) facilitates the downward adjustment of real wages
B) reduces shoe-leather costs
C) reduces tax distortions
D) reduces the costs associated with money illusion
ANSWER:
A) facilitates the downward adjustment of real wages