Using money earned today for future purchases is money's role as a
A)unit of account.
B)store of value.
C)medium of exchange.
D)unit of standard.

Question

Quizplus · Accepted Answer

Money's role as a store of value means that it can be saved and used for future purchases, making it a good choice for this scenario. A unit of account refers to the measurement of value for goods and services, a medium of exchange refers to the use of money to facilitate transactions between parties, and a unit of standard is not a recognized term in the context of money.

Using Money Earned Today for Future Purchases Is Money's Role