We Say That Money Is a Store of Value Because

question 96

Multiple Choice

We say that money is a store of value because it represents:

• A) a certain amount of purchasing power held over time.
• B) something you can use to purchase goods and services.
• C) something you can directly offer, like any good or service, in exchange for some good or service you want.
• D) a standard unit of comparison.

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Definitions:

Market Value

The contemporary pricing for transactions involving assets or services on the market.

Stock Split

A corporate action that increases the number of a company's outstanding shares by issuing more shares to current shareholders, thus reducing the price of each share.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts and own property.