Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Discover detailed solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Which of the following functions of money would be most violated if inflation were high? A) unit of account B) store of value C) certificate of gold D) medium of exchange

Sagot :

The function of money, such as the store of value, will be most violated if there is a higher amount of inflation in the economy. Therefore, the option B holds true.

The functions of money include store of value, measure of value, and general acceptability. However, these functions are subjected to a lot of violation due to external factors proving to be the formidable forces. Higher inflation, or hyperinflation, is the situation of an external factor wherein the money loses its functionality to act as a store of value, as it decreases drastically.

Learn more about functions of money here:

https://brainly.com/question/14253896

#SPJ4

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.