Which of the Following Concepts Is Considered Inevitable, Permanent, Universal

question 10

Multiple Choice

Which of the following concepts is considered inevitable, permanent, universal, and nonfunctional?

• A) Marriage
• B) Taxes
• C) Your grade on this test
• D) Death

---

Definitions:

Shoeleather Costs

The resources wasted when inflation encourages people to reduce their money holdings.

Money Holdings

The amount of cash or liquid assets that a person or entity possesses at any given time.

Money Supply

The whole amount of money resources available in an economy at a given interval.

Equilibrium Value

The price or point at which supply and demand for a good or service are equal, leading to market stability.