Business, 28.11.2019 07:31 Wolfgirl2032

Which of the following statements are consistent with how inflation affects the three functions of money? check all that apply.
a. as a medium of exchange, money will be less in demand as prices rise because more money will be required to function from day to day.
b. as a unit of account, money might become less useful as rising prices make comparisons of data from one point in time to another more difficult
c. money is more useful as a store of value when inflation makes each dollar worth less.
d. as a medium of exchange, money will be more in demand as prices rise because more money will be required to function from day to day
e. money is less useful as a store of value when inflation makes each dollar worth less.
f. as a unit of account, money will remain equally useful, regardless of inflation

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