asked 140k views
2 votes
Refer to the article “The Value of Money” in your Money, Money, Money magazine for a complete version of this text.

Based on the information in ”Inflation” section of the article, what is the relationship between inflation and the value of money?

A. Due to inflation, the value of money is always decreasing.
B. As inflation rises, one’s purchasing power decreases.
C. When inflation occurs, economies will eventually fail.
D. With low inflation, the value of money is always higher.

(Please answer ASAP)

2 Answers

0 votes

It also serves as a unit of account and as a store of value—as the “mack” did in Lompoc. The exchange of goods and services in markets is among the most universal activities of human life. To facilitate these exchanges, people settle on something that will serve as a medium of exchange—they select something to be money.

answered
User Mokmeuh
by
7.8k points
4 votes

Answer:

i think its d

Step-by-step explanation:

answered
User Nunaxe
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.