One of the Features of Money Is Its Store of Value

question 146

Essay

One of the features of money is its store of value. However, most people do not hold their wealth as currency. Given that currency is the most liquid type of asset, why don't people hold all their wealth as currency?

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Definitions:

Convergence

The process or point at which several things come together to form a new whole, often used in the context of technology, media, or evolutionary biology.

Binocular Disparity

The difference in image location of an object seen by the left and right eyes, resulting from the eyes’ horizontal separation and providing the basis for depth perception.

Linear Perspective

A technique in art and photography that creates the illusion of depth on a flat surface, using converging lines.

Retinal Disparity

The slight difference between the images projected onto each eye, contributing to depth perception in binocular vision.