The store of value function is defined as the
A)holding of money from one transaction to be used later in another transaction.
B)use of money as a medium of exchange.
C)pricing of goods and services in one measure.
D)exchange of goods and services directly for other goods and services.
E)double coincidence of wants that is used in the debate over barter versus money.

Question

Quizplus · Accepted Answer

The store of value function refers to the holding of money from one transaction to be used later in another transaction. This means that money can be saved and used as a means of preserving purchasing power for future use.

The Store of Value Function Is Defined as the