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During a hyperinflation, money is not functioning well as a Select one: a.medium of exchange. b.unit of account. c.store of value. d.all of the above.

During a hyperinflation, money is not functioning well as a

Select one:

a.medium of exchange.

b.unit of account.

c.store of value.

d.all of the above.

Slips representing gold deposits with a bank are NOT an example of _____ money.

Select one:

a.fiat

b.representative

c.credit

d.none of the above

Cigarettes are an example of _____ money.

Select one:

a.commodity

b.fiat

c.representative

d.none of the above

If a fiat money becomes easier to produce, prices denominated in that money will (ceteris paribus)

Select one:

a.rise.

b.fall.

c.stay the same.

d.cannot be determined.

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