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According to the chart in "The Value of Money," what did a loaf of bread cost in 1980?

$1.28

$0.50

$0.58

$1.13

Sagot :

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Answer:

The right answer is B.($0.50)

Explanation:

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According to the chart in “The Value of Money,” a loaf of bread cost in 1980 is $0.50.

What is The Value of Money?

The demand for money, like the demand for goods and services, determines the value of money.

Money's worth is determined by what people will exchange it for and how much there is of it.

According to the chart of the Value of Money,  a loaf of bread cost in 1980 is $0.50, on the basis of their demand and price of the bread in the market.

Therefore, option B. $0.50 is correct.

To learn more about the value of money, refer to:

https://brainly.com/question/2966070

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