Question: Suppose Canada makes baby beavers their legal currency. Surprisingly, everyone accepts baby beavers as payment and can be used to settle debts. Baby beavers

Suppose Canada makes baby beavers their legal currency. Surprisingly, everyone accepts baby beavers as payment and can be used to settle debts. Baby beavers are also the preferred method to compare good values. However, when the baby beavers grow up to adult beavers, they lose all their value. What is the one issue with using baby beavers as money in this situation? Poor store of value Poor medium of exchange. Poor standard of deferred payment Poor unit of accounting
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Answer A poor store of value When a currency loses its store of value or more accurately when a curr... View full answer
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