This topic contains a solution. Click here to go to the answer

Author Question: During periods of inflation, which function of money is most severely affected? A) medium of ... (Read 116 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
During periods of inflation, which function of money is most severely affected?
 
  A) medium of exchange
  B) unit of account
  C) means of payment
  D) store of value

Question 2

If the nominal interest rate is 11 percent and the inflation rate is 9 percent, then the real interest rate is approximately
 
  A) 2 percent.
  B) 20 percent.
  C) 4 percent.
  D) 18 percent.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bigfoot1984

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

D

Answer to Question 2

A




charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library