Money’s role as a store of value is less important today than it once was. True False

money has value in itself as well as value in its use as money.

Question 1True or false: Even for individuals who are well-off and claim they are not working for money, money can be important as a sign of self-worth and the value or respect given to them by the organization.1 pointFalseTrue

The important characteristics of retailers are the same in every industry.True false question.TrueFalse

Rapid inflation can undermine money’s ability to perform its functions. During periods of runaway inflation, multiple choice 2the future value of money cannot be predicted so money cannot act as a predictor of value.people often revert to barter because money fails as a medium of exchange.the value of money falls so money cannot serve as a measure of price.money cannot hold sufficient value to act as a medium of value.

From what has been presented in class, one could accurately claim that money only came into use once there were capitalist economies/social systems.Group of answer choicesTrueFalse