Anna is a high school senior who wants to buy a prom dress that costs $250. She postpones purchasing the dress and gets a weekend job at a restaurant to save money for it. After two months of saving, she is able to buy the dress. What characteristic of money does this scenario best relate to?

Question

Quizplus · Accepted Answer

This scenario best relates to stability-money must be stable and maintain its declared face value. This principle allows people to postpone their purchases to save money for them without the fear that their money will decline in value.

Anna Is a High School Senior Who Wants to Buy