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Consider the costs of inflation. Which of these costs do you think are most important for the U.S. economy?
Consider what distinguishes money from other assets in the economy.
Consider what demand deposits are and why they should be included in the stock of money.
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1. Consider the costs of inflation. Which of these costs do you think are most importantfor the U.S. economy?Costs of inflation include redistribution of wealth, loss purchasing power, shoe…
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