Which of the following is both a store of value and a common medium of exchange?
A) corporate bonds
B) mutual funds
C) chequing account balances
D) a pension plan

Question

Quizplus · Accepted Answer

Chequing account balances are both a store of value and a common medium of exchange. People can use chequing accounts to store their money and easily make transactions with others. Corporate bonds, mutual funds, and pension plans are not common mediums of exchange.

Which of the Following Is Both a Store of Value