Explain i n periods of high rates of inflation money is a good store of value. since

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Explain in periods of high rates of inflation money is a good store of value. since many forms of money do not earn interest, people's demand for money is unaffected by changes in interest rates.

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Mar 09, 2024 05:40 AM

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Explain i n periods of high rates of inflation money is a good store of value. since

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In periods of high inflation the value of a currency tends to decrease over time leading to a declin... View the full answer

Microeconomics An Intuitive Approach with Calculus

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