Rising Prices Erode the Value of Money as a ________

question 172

Multiple Choice

Rising prices erode the value of money as a ________ and as a ________.

• A)unit of barter; unit of account
• B)store of value; unit of liquidity
• C)medium of exchange; store of value
• D)store of value; unit of barter

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Definitions:

Laser Printers

Printers that use a laser beam to produce text and images on paper, known for their high-quality output and speed.

Ink

A liquid or paste that contains pigments or dyes used for writing, drawing, or printing on various substrates.

Feature Phone

Inexpensive cell phones with modest processors, simple interfaces, and, often, no touch screens.

Smartphone

A mobile phone that includes advanced functionalities beyond making calls and sending text messages, such as internet connectivity and the ability to run apps.