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Costs that arise from the way that inflation makes money a less reliable unit of measurement are called _____ costs.

1 Answer

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Answer:

Unit-of-account Costs

Step-by-step explanation:

Every unit of national money purchases fewer commodities as the consumer price level increases. Inflation demonstrates a decline in spending power per unit of capital – a reduction in actual value in the trade channel and per unit also shows the market price after inflation.

so, It is a less reliable unit of measurement of cost.

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User Chatlanin
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