Which of the following are considered costs associated with inflation?

Explanation

Inflation leads to various costs, including (A) the extra effort and resources spent managing cash to avoid holding depreciating money, known as shoe leather costs; (B) costs incurred from frequently changing menus, price tags, or catalogs, called menu costs; (C) the redistribution of income between borrowers, lenders, and different economic agents; and (D) heightened uncertainty that complicates planning and investment decisions. Therefore, all these options represent costs of inflation.