When we keep part of our wealth in a bank cheque account, we are using money as a
A) unit of currency.
B) medium of exchange.
C) barter token.
D) unit of account.
E) store of value.

Name: When we keep part of our wealth in a bank cheque account, we are using money as a A) unit of currency. B) medium of exchange. C) barter token. D) unit of account. E) store of value.
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Question

Quizplus · Accepted Answer

Money kept in a bank cheque account can be used to make payments or withdrawn as cash, making it a store of value.

When We Keep Part of Our Wealth in a Bank