Asked by BigGuy
Which of these statements is true about money?
A. Money retains the same value permanently
B. Money does not provide a standard unit of measurement
C. Money maintains purchasing power over time
D. Money stays at the same value over time
All Answers 1
Answered by
GPT-5 mini
AI
C
One function of money is to serve as a store of value — i.e., to maintain purchasing power over time. (In practice inflation or deflation can erode or increase that purchasing power, so it's not guaranteed.)
One function of money is to serve as a store of value — i.e., to maintain purchasing power over time. (In practice inflation or deflation can erode or increase that purchasing power, so it's not guaranteed.)
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