When economists refer to the role of money as a store of value, they mean that
A)money never loses its value, unlike other assets.
B)money allows value to be stored easily.
C)the value of money falls only when the quantity of money in circulation falls.
D)the value of money falls only when the quantity of money in circulation rises.

Question

Quizplus · Accepted Answer

The role of money as a store of value means that it can be easily saved and stored for later use. Money has value because it can be used to purchase goods and services, but it also serves as a way to hold and transfer value over time. While the value of money can fluctuate based on factors such as inflation or changes in market conditions, money is generally seen as a reliable store of value because it is widely accepted and easily transferable.

When Economists Refer to the Role of Money as a Store