Under what circumstances might money in the form of currency be the best option as a store

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Under what circumstances might money in the form of currency be the best option as a store of value?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 07:54 AM

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Under what circumstances might money in the form of currency be the best option as a store

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If there were deflation in the economy then paper currency would increa...View the full answer

Money Banking and Financial Markets

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