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

question 92

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 30,000 German marks
• 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:

Eutrophication

The process by which a body of water becomes enriched in dissolved nutrients, leading to plant growth that depletes oxygen, adversely affecting animal life.

Nutrients

Essential chemical compounds that organisms need to live, grow, and reproduce, commonly found in food.

Wave Action

The physical movement of water in the form of waves, which can erode shorelines, shape coastal features, and influence marine ecosystems.

Microbial Degradation

The process by which microorganisms such as bacteria and fungi break down substances, often pollutants, reducing them to simpler, less harmful forms.