Price Levels Rarely Remain the Same.This Implies That

question 114

Multiple Choice

Price levels rarely remain the same.This implies that

• A)money is an excellent medium of exchange.
• B)money is divisible.
• C)money is a good medium for measuring value.
• D)money is an imperfect medium for storing value.

---

Definitions:

Plaintiff

The party who initiates a lawsuit seeking legal remedy from the defendant for harm or disputes.

Arbitration

A method of dispute resolution involving a neutral third party who makes a binding decision, outside of the court system.

Legal Precedent

A decision made in a previous legal case that is considered as authority in a subsequent case with similar circumstances.

Less Expensive

Refers to items or services that are lower in price relative to others in the same category.