A currency will cease to function as money if A. people think that they will not be

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A currency will cease to function as money if

A. people think that they will not be able to use it to exchange for goods and services later.

B. people learn that the inflation rate has been higher than they had thought.

C. people learn that they cannot convert their currency into gold or silver.

D. people think that inflation was going to reduce the value of the currency

Related Book For answer-question

Modern Advanced Accounting In Canada

ISBN: 9781259066481

7th Edition

Authors: Hilton Murray, Herauf Darrell

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Posted Date: Jan 22, 2024 02:43 AM

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A currency will cease to function as money if A. people think that they will not be

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Modern Advanced Accounting In Canada

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