Among potential stores of value, money

A) offers the highest rate of return.
B) increases in value during periods of inflation.
C) has the advantage of being the most liquid asset.
D) provides more services than the other assets.

Answer: C

Economics

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Which of the following countries had the lowest GDP per capita in 2014?

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In the standard consumption function of C = a + bY, the MPC is

A) Y. B) bY. C) a. D) b.

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