The real value of money
A) is another word for the face value.
B) reflects the purchasing power of money.
C) matters less to people than its nominal value.
D) is the same as its nominal value.

Question

Quizplus · Accepted Answer

The real value of money refers to its purchasing power, which can fluctuate over time due to inflation or other factors. Therefore, the real value of money is not necessarily the same as its face value or nominal value (which is what is printed on the currency itself). The real value of money is what matters most to people in terms of what they can actually buy with it.

The Real Value of Money