You feel confident that a $20 bill will buy tomorrow what it can buy today. This exemplifies which characteristic of money?

Question

Quizplus · Accepted Answer

Money must be stable and maintain its declared face value. A $20 bill should purchase the same amount of goods or services from one day to the next. The principle of stability allows people who wish to postpone purchases and save their money to do so without fear that it will decline in value.

You Feel Confident That a $20 Bill Will Buy Tomorrow