Money,in the form of currency,can be used for future purchases and thus illustrates the ________ function of money.

Name: Money,in the form of currency,can be used for future purchases and thus illustrates the ________ function of money.
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Question

Quizplus · Accepted Answer

The store of value function of money refers to its ability to hold value over time and be used for future purchases. Currency, in physical form, can be easily stored and used for future transactions, making it a good example of money's store of value function.

Money,in the Form of Currency,can Be Used for Future Purchases