During periods of inflation, which function of money is most severely affected?
A) medium of exchange
B) store of value
C) means of payment
D) unit of account

Question

Quizplus · Accepted Answer

During periods of inflation, the value of money decreases rapidly, which reduces its function as a store of value. People are less likely to want to hold onto money when they see that its value is decreasing, which can further exacerbate inflation.

During Periods of Inflation, Which Function of Money Is Most