Answered: Money is not a good store of value when…

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Economics

Money is not a good store of value when the average price is falling. True or False

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter24: Money And The Federal Reserve System

Section: Chapter Questions

Problem 16SQ

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Money is not a good store of value when the average price is falling. True or False

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The store of value function of money enables people to transfer purchasing from the present to the future.

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