alleryMatch bank trips: 1. Cash: p. Less held 2. Banks: q. Trips 3. Cost: r. Shoe wear
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Shoe leather costs refer to the time and effort wasted making frequent bank trips to minimize cash holdings during high inflation.
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