Which of the Following Illustrates the Store-Of-Value Function of Money

question 182

Multiple Choice

Which of the following illustrates the store-of-value function of money?

• A) writing a check to buy a new Volkswagen
• B) noting that the price of a $20,000 Volkswagen is 16,000 euros
• C) agreeing to repay a bank $400 a month for the next 48 months for a loan to buy a new Volkswagen
• D) keeping $20,000 in cash in your mattress instead of buying a new Volkswagen

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Definitions:

Analyzing

The examination and evaluation of detailed information in order to understand it better or to draw conclusions from it.

Bipolar Cell

A type of neuron found in the retina that acts as an intermediary between photoreceptors and ganglion cells, transmitting visual information.

Rods

Photoreceptor cells in the retina of the eye that are highly sensitive to light and enable vision in low-light conditions but do not mediate color vision.

Cone

A photoreceptor cell in the retina that is responsible for color vision and functions best in relatively bright light.