Sam Prefers Holding His Savings as Cash in His House

Multiple Choice

Sam prefers holding his savings as cash in his house. Currently, the economy is experiencing an increasing price level. He can conclude that:

A) the real purchasing power of his money has remained constant.
B) the real value of his savings has increased.
C) the real value of his savings has decreased.
D) he should not retain his savings any longer.
E) the nominal value of his savings has decreased.