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4. Some economists have suggested that someday we will live in a "cashless society" in which all businesses (including stores) and banks will be linked to a centralized accounting system. In this system
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4. Some economists have suggested that someday we will live in a "cashless society" in which all businesses (including stores) and banks will be linked to a centralized accounting system. In this system you will be able to pay for purchases directly from your bank account without using cash. What are the costs of anticipated inflation in a cashless society

User Cmbuckley
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Answer:

Anticipated inflation would cause menu costs but not shoe-leather costs.

Step-by-step explanation:

User Solidsnack
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