Multiple Choice
The higher and more unpredictable the changes in the monetary unit, the
A) lower the opportunity cost of using it as a standard of deferred payment.
B) less likely barter exchange will replace it.
C) lower the opportunity cost of using it as a store of value.
D) higher the opportunity cost of using it as a store of value.
E) lower the opportunity cost of using it as a medium of exchange.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: Use the figure below to answer the
Q51: The higher and more unpredictable the changes
Q52: Barter can only take place if there
Q53: Suppose that the banking system has excess
Q54: The money multiplier will decrease if the
Q56: Use the figure below to answer the
Q57: Money's function as a unit of account
Q58: Suppose that people decide to hold more
Q59: According to the quantity theory of money,
Q60: The equation of exchange in terms of