During times of _____, cash acts as a poor:
A) deflation; store of value.
B) deflation; unit of account.
C) inflation; store of value.
D) inflation; unit of account.
Correct Answer:
Verified
Q1: Which of the following is not a
Q2: By providing a standard measure for prices
Q3: By allowing people to carry purchasing power
Q5: An economy uses coins made of gold
Q6: Which of the following statements is NOT
Q7: The gold standard refers to a system
Q8: Fiat money refers to a system where
Q9: Which of the following is NOT considered
Q10: _ are not considered to be ideal
Q11: Which of the following statements is NOT
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