When Economists Say That Money Serves as a Store of Value

question 153

Multiple Choice

When economists say that money serves as a store of value, they mean that it is

• A) a way to keep wealth in a readily spendable form for future use.
• B) a means of payment.
• C) a monetary unit for measuring and comparing the relative values of goods.
• D) declared as legal tender by the government.

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Definitions:

Hip And Shoulder

Joints that connect the limbs to the torso; the hip being the articulation between the pelvis and the femur, and the shoulder connecting the upper arm to the torso.

Gliding Motion

A smooth movement where surfaces slide past one another, typical in some types of joints like the carpals of the wrist.

Plane Joint

A type of synovial joint which allows only sliding or gliding movements where the articular surfaces are flat.

Cartilaginous Joint

A type of joint where the bones are joined by cartilage, allowing for limited movement.