Kim owns and operates a bookstore in a country experiencing
Kim owns and operates a bookstore in a country experiencing a high rate of inflation. In order to prevent the value of money in her cash register from falling too quickly, Kim sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store\'s revenues from the effects of inflation. This is an example of the of inflation.
Solution
Shoe-leather costs
the above is answer..
because it reduces the opporunity cost of holding cash when its value decreases by keeping it hold under inflation
