As long as people have confidence that paper money will serve the functions of money, then it can serve the function of money
Indicate whether the statement is true or false
T
Economics
You might also like to view...
If prices in the economy rise, then
A) the purchasing power of a dollar stays constant. B) the purchasing power of a dollar rises. C) the purchasing power of a dollar declines. D) the purchasing power of a dollar cannot be determined.
Economics
What are the reasons for preferring competition to monopoly?
Economics