How could rapid inflation undermine moneys ability to perform each of its four basic jobs?

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How could rapid inflation undermine money’s ability to perform each of its four basic jobs?

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Economics

ISBN: 9780078021800

11th Edition

Authors: Stephen Slavin

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Question Posted: Nov 26, 2015 01:46 AM

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How could rapid inflation undermine moneys ability to perform each of its four basic jobs?

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a If money were quickly losing its value no one would want to hold on to it for very long an...View the full answer

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