When money is used as a means to hold wealth,it serves as a
A) financial intermediary.
B) double coincidence of wants.
C) store of value.
D) medium of exchange.
E) unit of account.

Question

Quizplus · Accepted Answer

When money is used as a means to hold wealth, it serves as a store of value. This means that people use money to preserve their wealth by holding onto it, knowing that it will retain its value over time.

When Money Is Used as a Means to Hold Wealth,it