During Periods of high inflation, which of the following functions of money is not destroyed?
a. Standard measure of value
b. store of value
c. standard for deferred payment
d. medium of exchange
Im trying to finish my econ study guide and not sure about this one. If anyone can answer this i would really like to know the reason why too
thanks!!
a. Standard measure of value
b. store of value
c. standard for deferred payment
d. medium of exchange
Im trying to finish my econ study guide and not sure about this one. If anyone can answer this i would really like to know the reason why too
thanks!!