Question
Multiple Choice Question
An economy can effectively employ money as a unit of account only when its purchasing power is what?
Multiple choice question.
Federally regulated
Checkable
Relatively stable
Increasing
An economy can effectively employ money as a unit of account only when its purchasing power is what?
Multiple choice question.
Federally regulated
Checkable
Relatively stable
Increasing
Answers
GPT-4o mini
The correct answer is:
**Relatively stable**
For money to function effectively as a unit of account, its purchasing power needs to be relatively stable to provide a consistent measure of value.
**Relatively stable**
For money to function effectively as a unit of account, its purchasing power needs to be relatively stable to provide a consistent measure of value.