Money would cease to be a good store of value when
...Money would cease to be a good store of value when
Prices of goods and services are falling slowly
There is a high level of unemploymentÂ
Prices of goods and services are rising rapidly
Prices of goods and services are rising slowingÂ
Correct answer is C
Money is considered a store of value, where it can be used as a means of saving and allocating capital. Where the value of goods and services is on the rise, the purchasing power of money drops. With this, the value of the money that was stored years back will no longer have the same value due to the change in the prices of commodities.
A debenture share entitles its holder to ...
Insurance companies invest mainly in instruments trade on the ...
Which of the following is NOT a feature of land? ...
The Economic Community of the West African States (ECOWAS) is an example of ...
A primary industry is concerned with ...
In most underdeveloped countries, development plans do not achieve their objective due to ...
The shape of the production possibility frontier is determined by the_________ ...
In the diagram, above PS is the supply curve for a particular commodity, while OP is the price ...
Which of the following statements about population is correct? ...
Which of the following is NOT a contribution of agriculture to industrial development? ...