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The Existence of Inflation and Other Possible Uncertainties Reduces the Usefulness

question 169

True/False

The existence of inflation and other possible uncertainties reduces the usefulness of money as a store of value.


Definitions:

Cleanliness

The state of being clean and free from dirt, and the process of achieving and maintaining that state.

Individualist Cultures

Cultures in which the self is regarded as autonomous, and individual goals and wishes are prized above duty and relations with others.

Personal Goals

Individual objectives, targets, or ambitions that a person aims to achieve or accomplish.

Obligation

A duty or commitment that an individual is bound to, either legally, morally, or emotionally.

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