Which of the Following Statements Concerning the Function of Money

question 222

Multiple Choice

Which of the following statements concerning the function of money is INCORRECT?

• A) Money gives us a yardstick for measuring the values of goods and services.
• B) Money helps us avoid the problem of lack of a double coincidence of wants.
• C) Money helps us save time in purchasing goods and services.
• D) Money does not lose value when inflation occurs.

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