Statement I: One Job of Money Is as a Store

question 213

Multiple Choice

Statement I: One job of money is as a store of value.
Statement II: Money may perform as a standard of value or as a medium of exchange,but not both at the same time.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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