Solved

The Higher and More Unpredictable the Changes in a Monetary

Question 51

Multiple Choice

The higher and more unpredictable the changes in a monetary unit, the


A) more confidence people will have in holding it for the future.
B) more likely it will be used as a store of value.
C) less likely it will be used as a store of value.
D) more likely it will be used as a standard of deferred payment.
E) less likely contracts will be written to counterbalance the uncertainty of its value in the future.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions