Which of the Following Defines the "Store of Value" Function

question 10

Multiple Choice

Which of the following defines the "store of value" function of money?

• A) A common measurement of the relative value of different goods and services.
• B) The ability of money to hold value over time.
• C) That the materials used to manufacture money are of medium grade or quality, so that people will not hoard money for its commodity value.
• D) That money is widely accepted in exchange for goods and services.

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Definitions:

Feasibility

The practicality or possibility of something being accomplished or achieved.

Decision Making

The process of selecting among various alternatives based on the analysis and evaluation of available information.

Working Model

A preliminary version of a product that demonstrates its functionality and features, often used for testing and feedback.

Communicate

The act of transferring or exchanging information, feelings, or ideas through speech, writing, signals, or behaviors.