What effect does a rapidly rising price level have on the function of money as a store

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What effect does a rapidly rising price level have on the function of money as a store of value?

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Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

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Question Posted: Mar 08, 2018 09:57 AM

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What effect does a rapidly rising price level have on the function of money as a store

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It decreases the effectiveness of money as a store o...View the full answer

Basic Economics

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