During a period of severe inflation, which function of money is most seriously affected?
A)barter
B)unit of account
C)store of value
D)medium of exchange
E)means of payment

Question

Quizplus · Accepted Answer

During a period of severe inflation, the store of value function of money is most seriously affected. Inflation erodes the value of money over time, making it a less reliable store of value. As a result, people may turn to other assets such as real estate, gold, or foreign currencies to preserve the value of their wealth.

During a Period of Severe Inflation, Which Function of Money