You read a news story about a country that is suffering from rapid, ongoing increases in the

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You read a news story about a country that is suffering from rapid, ongoing increases in the cost of living. Which characteristic of money is being directly negatively impacted in that economy?

1. Unit of account

2. Medium of exchange

3. Store of value

4. Double coincidence of wants

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 06:32 AM

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You read a news story about a country that is suffering from rapid, ongoing increases in the

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Money, Banking, Financial Markets and Institutions

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