Though Many Assets Can Be Used as a Store of Value

question 140

Multiple Choice

Though many assets can be used as a store of value, money is a particularly attractive method to store value because

• A) it increases in value as prices rise.
• B) its purchasing power does not decline when prices rise.
• C) it is the most liquid of all assets.
• D) it is backed by gold.

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Definitions:

Flexible Working Hours

An arrangement that allows employees to adjust their working hours and locations in a way that suits their needs.

Autonomy

The degree to which a job provides an employee with the discretion and independence to schedule their work and determine how it is done.

Personal Affairs

Matters concerning one's private life, personal finances, or family issues that are typically kept separate from work or public view.

Telecommuting

A work arrangement in which employees do not commute to a central place of work, but instead work remotely, often from home, using technology to complete their tasks.