Economists Say That Money Is a Store of Value

question 5

Essay

Economists say that money is a store of value. since there are other assets that are a more desirable store of money, why do people hold money at all?

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Definitions:

Activation

The process of stimulating something to increase its level of action or operational state, often used in biological and neurological contexts.

Directionality

The quality of being oriented in a specific direction; in psychology, it can refer to the focus or orientation of motives or behaviors.

Persistence

The continued effort to do or achieve something despite difficulties, failure, or opposition.

Vigor

Physical strength, good health, or energy often exhibited through robust activity.