What are the functions of money is as a store of value how does inflation affect Money’s ability to store a value

Inflation reduces the value of money.

Explanation:

Money as a store of value means the ability to hoard money and hold it till a future date.

Inflation is the increase in the general price level of goods and services in an economy at a period of time.

Inflation affects the value of money negatively. It reduces the purchasing power of money, that is what $100 dollars will buy in a normal economy will now be purchased by  more than  $100.

Hence, a negative relationship subsist between the use of money as a store of value and inflation.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;