How does inflation affect money stored under a mattress?

Increases its value

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Decreases its value

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No effect

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Reduces worth to zero

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Solution

The correct option is B
Decreases its value

Inflation means an increase in price levels or decrease in the purchasing power. Hence it reduces the value of money stored under the mattress.

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How does inflation affect money stored under a mattress?

The correct option is B Decreases its value Inflation means an increase in price levels or decrease in the purchasing power. Hence it reduces the value of money stored under the mattress.

The correct option is B
Decreases its value

Inflation means an increase in price levels or decrease in the purchasing power. Hence it reduces the value of money stored under the mattress.