Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

Once hyperinflation had occurred, the Zimbabwe dollar was no longer in use and the country used US dollars instead. A coin collector in Europe purchased an old Zimbabwe 100 trillion dollar note at an auction, hoping that it would later become scarce and rise in value. If this were to happen, which function of money would the Zimbabwe dollar note serve?

  • Aa generally accepted means of payment
  • Ba medium of exchange
  • Ca store of value
  • Da unit of account

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