Homework Help: Macro economics

Posted by Anonymous on Tuesday, July 31, 2012 at 6:25pm.

Paper currency is the most easily recognized form of money. How well does paper currency serve the functions of money if we have an inflation rate of 50-percent per year?

b)

Gold is also recognized as a form of money. How well does gold serve the functions of money if we have an inflation rate of 50-percent

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