Economy, asked by gta4pro23p7szg8, 1 year ago

Why is it a bad idea to simply hide money in a safe place as a way to save? A. The money will gain value over time through deflation. B. The money will lose value over time through inflation. C. Money disintegrates over time. D. You're likely to forget where the money is hidden.

Answers

Answered by FarhaDeeba
3
A is also Good option..but I think D and B is the correct answer...

gta4pro23p7szg8: Which one????
Answered by Nyaberiduke
2

B. the money will loose value over time through inflation. As time goes by the is a rapid  increase in prices of the commodities which devalues money. Money should not be safe placed since its value will remain constant. It is therefore advisable for the money to be put in to investment or rather saved with interest


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