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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