Which of the following qualities of money is generally undermined by inflation?
Answer Details
The quality of money that is generally undermined by inflation is stability. Inflation is a general increase in the price level of goods and services in an economy over time. As the value of money decreases, it becomes less stable as a store of value. This means that people may lose confidence in the currency and may seek to use other forms of payment or store their wealth in other assets. As a result, inflation erodes the stability of money, making it less reliable for transactions and savings.