When the purchasing power of money is stable and predictable, this
A) increases transactions costs.
B) facilitates gains from specialization, investment, and trade.
C) encourages the use of bartering.
D) makes it risky for individuals and businesses to save and borrow.
B) facilitates gains from specialization, investment, and trade.
Economics
You might also like to view...
The federal income tax on wages is the largest source of revenue for the federal government
Indicate whether the statement is true or false
Economics
What are the different types of auctions based on how the price of the item being auctioned is determined?
What will be an ideal response?
Economics