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andrew11 [14]
2 years ago
9

Money is a. the most liquid asset and a perfect store of value. b. the most liquid asset but an imperfect store of value. c. not

the most liquid asset but a perfect store of value. d. neither the most liquid asset and nor a perfect store of value.
Business
1 answer:
DochEvi [55]2 years ago
4 0

Although it is the most liquid asset, money is a flawed store of value. M1 is recognized as the measure of the money supply that is the most precisely specified.

What is term money?

Money is a good that is widely acknowledged as a means of economic exchange.

Because of inflation, money is actually an imperfect store of value. A monetary system where gold or silver, for example, is used as the actual medium of exchange. A form of money where paper money is backed by gold.

As a result, option (b) is correct.

Learn more about on money, here:

brainly.com/question/14253896

#SPJ1

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