An individual who stores wealth in art rather than money will find that he/she:
A. has far more liquidity than most savers.
B. suffers larger real losses during periods of high inflation.
C. will incur higher transaction costs when he/she ultimately makes purchases.
D. will have to resort to barter exchanging the art for desired goods.
Answer: C
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a. True b. False Indicate whether the statement is true or false
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What will be an ideal response?