The main disadvantage of using money as a store of value is that a. money is not portable b. it requires a double coincidence of wants c. currency is intrinsically worthless d. the value of money actually falls when the prices of good and services rise
The main disadvantage of using money as a store of value is that a. money is not portable b. it requires a double coincidence of wants c. currency is intrinsically worthless d. the value of money actually falls when the prices of good and services rise
Chapter13: Money And The Financial System
Section: Chapter Questions
Problem 1.6P
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The main disadvantage of using money as a store of value is that
a. money is not portable
b. it requires a double coincidence of wants
c. currency is intrinsically worthless
d. the value of money actually falls when the prices of good and services rise
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