Question

During periods of hyperinflation, money fails to function as: A medium of exchange A unit of...

During periods of hyperinflation, money fails to function as:
A medium of exchange
A unit of account
A store of value
Fiat money
Commodity money
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans) the correct option is A medium of exchange

during periods of hyperinflation money does not hold its value Because transaction demand from money has decreased

Add a comment
Know the answer?
Add Answer to:
During periods of hyperinflation, money fails to function as: A medium of exchange A unit of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT