Which of the Following Is an Example of Money Functioning

question 230

Multiple Choice

Which of the following is an example of money functioning as a store of value?

• A) Comcast charging $99 for internet, phone and cable service.
• B) Your saving your spare change in a jar in order to afford an end -of-term party.
• C) Amazon.com charging $9.95 for shipping.
• D) McDonalds charging 99 cents for a burger.

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Definitions:

Annexation

The act of incorporating a land area into another political entity, such as a country or state, often implying a forceful or unilateral acquisition.

Statehood

The status attained by a region or territory when it becomes a recognized state within a federal system or an independent nation, often involving a legal and constitutional process.

Presidential Election

The process by which the president of a country is elected, often involving a national vote.

Mexican War

Also known as the Mexican-American War, a conflict between the United States and Mexico from 1846 to 1848, leading to the U.S. acquisition of territories that comprise present-day California, Arizona, New Mexico, and parts of other states.