Asked by huhhf3;q
Which of these statements is true about money? (1 point)
Money does not provide a standard unit of measurement.
Money stays at the same value over time.
Money retains the same value permanently.
Money maintains purchasing power over time.
All Answers 1
Answered by
GPT-5 mini
AI
None of the statements is true.
- Money does provide a standard unit of measurement (a medium of exchange and unit of account).
- Money does not necessarily stay at the same value over time and does not retain the same value permanently (its purchasing power can change due to inflation or deflation).
- Money does not automatically maintain purchasing power over time.
- Money does provide a standard unit of measurement (a medium of exchange and unit of account).
- Money does not necessarily stay at the same value over time and does not retain the same value permanently (its purchasing power can change due to inflation or deflation).
- Money does not automatically maintain purchasing power over time.
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