suppose you are given R10 000 Which you want to save. A dear companion contends with you
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suppose you are given R10 000 Which you want to save. A dear companion contends with you that banks will undoubtedly going to fail, so you should keep the cash in your sleeping cushion. If inflation is expected to be positive in the medium term, would this be good or bad idea in the event that you wish to protect purchasing power? choose most correct answer
A IT WOULD BE GOOD IDEA AS UNCERTAINTY IS HIGH
B IT WOULD BE GOOD IDEA THE CURRENT CRISIS WILL LEAD TO NEGATIVE RETURNS FRO BANKS
C IT WOULD BE BAD IDEA AS MOTHS COULD GET THE MONEY
D IT WOULD BE BAD IDEA INFLATION WILL ERODE THE VALUE OF THE MONEY
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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