When you deposit $200 in your savings account with the objective of withdrawing it later to buy a video game that is about to be offered in the market in the near future, then the $200 is serving which function?

Question

Quizplus · Accepted Answer

The $200 deposited in a savings account to be used later for purchasing a video game serves as a store of wealth. This means the money is being saved or stored for future use, retaining its value over time until it's needed for the purchase.

When You Deposit $200 in Your Savings Account with the Objective