High inflation
A) makes money function less well as a store of value.
B) decreases uncertainty.
C) lowers the price level.
D) leads to a more correct allocation of resources.
E) makes it easier to use money as a standard of account.
Correct Answer:
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Q120: Other things the same, if the Fed
Q121: In the money market, if real GDP
Q122: The real interest rate equals the
A)inflation rate
Q123: The long-run effect of an increase in
Q124: Because the inflation rate is so high
Q125: The "value of money"
A)is directly related to
Q126: If the price level falls, the
A)demand for
Q127: In the money market, if the quantity
Q128: The opportunity cost of holding money is
Q129: The equation of exchange shows that
A)P =
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