O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2023 · Q111 Mark

What would be least likely to act as a store of value during a period of rapid inflation?

Acash

Bgold

Cproperty

Dshares

✓ Correct answer

A: cash

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2023 Paper 1 Variant 1, question 11.

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