Among potential stores of value, money
A) offers the highest rate of return.
B) increases in value during periods of inflation.
C) provides more services than the other assets.
D) has the advantage of being the most liquid asset.
D
Economics
You might also like to view...
Plutonia uses the Taylor rule to set the short term interest rate at which banks lend to each other
Compute the short term interest rate that should be set in Plutonia if the inflation target is 2%, the long-term target for the interest rate is 3%, the current rate of inflation is 5%, and output is 5% below its trend.
Economics
During democratic presidential administration since 1948, economic growth was highest in ________ year of the administration?
A) first B) second C) third D) fourth
Economics