Inflation can impose significant costs and adversely distort economic systems. identify whether the costs and distorting effects listed are as a result of menu costs, shoe leather costs or unit of account costs. menu costs shoe leather costs unit of account costs

Discretionary spending: $450 per month new car insurance: $175 per month gas: $100 per month used car insurance: $125 per month gas: $100 per month according to your research, you need to budgetfor insurance and gasoline if you choose to buy or lease the new car. if you choose to buy the used car, you need to budget for insurance and gas.