A Store of Value Has

question 14

Multiple Choice

A store of value has

• A)a plethora of discounted goods.
• B)purchasing power that is retained over time.
• C)to be issued by government.
• D)only designer name products.

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Definitions:

Income Increased

A situation where an individual, household, or entity's earnings or revenue rise, impacting their economic capacity and consumption decisions.

Industries

Broad categories that group businesses and economic activities based on similar production processes, services, or goods produced.

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region.

Excise or Sales Taxes

Taxes imposed on the sale of specific goods and services, often included in the price paid by the consumer.