The value of money:
A)increases when prices rise
B)increases when the price of bonds falls
C)increases when prices fall
D)decreases when prices fall

Name: The value of money: A)increases when prices rise B)increases when the price of bonds falls C)increases when prices fall D)decreases when prices fall
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Question

Quizplus · Accepted Answer

When prices fall, the purchasing power of money increases, i.e., the same amount of money can buy more goods and services. Therefore, the value of money increases.

The Value of Money