WAEC - Economics (2011 - No. 10)
if the current price of an apple is twice that of last year, it implies that the value of money is
stable
falling
rising
getting stronger
Wyjaśnienie
If the price of the apple was 100 in year 1, and by year 2 it increased to 200. It means the value of the money is falling. The value of money is determined by how much goods it can buy.