Store of value deteriorates when:
A)when only the cost of fruit and vegetables increases
B)when there are inflationary expectations
C)when there are deflationary expectations
D)none of the above

Question

Quizplus · Accepted Answer

Store of value deteriorates when there are inflationary expectations because the purchasing power of the currency decreases over time, making it less valuable as a store of value.

Store of Value Deteriorates When