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Posted: **Thu May 05, 2022 7:44 am**

: 5 6 Points Pick One Of The Societal Costs Of Inflation Slide 30 From Chapter 17 And Explain It To Me For 1 Point 1 (16.08 KiB) Viewed 43 times

: 5 6 Points Pick One Of The Societal Costs Of Inflation Slide 30 From Chapter 17 And Explain It To Me For 1 Point 2 (29.82 KiB) Viewed 43 times

5. (6 points) Pick ONE of the Societal Costs of Inflation (slide 30 from Chapter 17) and explain it to me. (For 1 point extra credit, tell me what our target inflation rate is in the U.S.)
Societal costs of Inflation -Shoeleather Costs -Menu Costs -Relative-Price Variability -Inflation-Induced Tax Distortions -Confusion and Inconvenience -Redistributions of Wealth