Which of the Following Items Serve as a Store of Value

question 101

Multiple Choice

Which of the following items serve as a store of value?
I. cash in your pocket
II. the balance in your checking account
III. an original Picasso painting
IV. a $1,000 corporate bond

• A) I and II
• B) I, II, and III
• C) I, II, and IV
• D) I, II, III, and IV

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Definitions:

Performance

The act of carrying out or accomplishing tasks, duties, or goals as expected or required in a specific role or function.

Subjectively

Based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.

Piece-rate System

A compensation method in which employees are paid based on the quantity of work they complete, rather than the hours worked.

Product Manufacturing

The process of converting raw materials or components into finished goods that meet a company's specifications and can be offered to the market.