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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the Store of Value function of money?
💡 Hint: Think about how money can be saved for future use.
Question 2
Easy
How does inflation affect money?
💡 Hint: Consider what happens to prices over time.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary function of Store of Value?
- To facilitate exchange
- To hold value over time
- To measure value
💡 Hint: Consider the purpose of saving money.
Question 2
True or False: Money loses its value over time due to inflation.
- True
- False
💡 Hint: Think about effects of rising prices.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Imagine you save $100 in cash at a time of 5% inflation. After one year, how much purchasing power does that $100 truly hold?
💡 Hint: Calculate the effect of inflation on your savings.
Question 2
If an investor switches from savings to gold investments because of rising inflation, what should they consider about the volatility of gold prices?
💡 Hint: Think about the pros and cons of investing in commodities.
Challenge and get performance evaluation