Money is functioning as a store of value when you

Question

Quizplus · Accepted Answer

Saving cash to pay for tuition next semester is an example of using money as a store of value because you are holding onto the money as a means of preserving its value and using it towards a future expense. The other choices do not involve the use of money as a store of value. B involves taking out a loan, which is a form of debt rather than a store of value. A involves using money as a unit of account to compare prices over time. D involves using money as a medium of exchange to pay for goods or services.

Money Is Functioning as a Store of Value When You