When Inflation Occurs, Money Saved ____________ Its Purchasing Power and Becomes

question 8

Multiple Choice

When inflation occurs, money saved ____________ its purchasing power and becomes a poor ____________.

• A)gains in; unit of value
• B)loses; unit of value
• C)gains in; store of value
• D)loses; store of value

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Definitions:

Same Rights

The equal entitlements or privileges afforded to all individuals within a specified group or context.

Reasonable Number

A reasonable number is a quantity or amount considered to be fair, sensible, or appropriate under the circumstances, often used in legal and business contexts.

Breach The Contract

Not meeting any provision of a pact, either in writing or spoken, without an acceptable legal justification.

Perfect Tender Rule

A principle in sales law allowing buyers to reject goods if they do not exactly meet the terms of the contract.