In comparing money to a U.S.Treasury bond held by an individual, we can say:
A)Both are legal tender
B)Both are units of account
C)Only the bond is legal tender since it is an obligation of the U.S.Government
D)Both are stores of value

Question

Quizplus · Accepted Answer

Both money and U.S. Treasury bond held by an individual are considered stores of value. Money allows individuals to hold and transfer value for various transactions, whereas U.S. Treasury bond allows the holder to receive interest on the invested amount until maturity. Both act as a way to store value over a specific period of time. Legal tender and units of account are not relevant to U.S. Treasury bonds.

In Comparing Money to a U