Most economists believe that the better fiat money serves as a store of value, the more acceptable

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Most economists believe that the better fiat money serves as a store of value, the more acceptable it is. What does this statement mean? How could people lose faith in money?

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Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 08, 2023 02:43 AM

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Most economists believe that the better fiat money serves as a store of value, the more acceptable

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Fiat money is typically made from inexpensive materials such as paper or common metal...View the full answer

Economics A Contemporary Introduction

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