A farm worker gets paid today in money,but waits to spend the money until next week.Which function of money does this illustrate?
A) Medium of exchange
B) Unit of account
C) Store of value
D) Standard of deferred payment

Question

Quizplus · Accepted Answer

This illustrates the function of money as a store of value since the worker is holding onto the money for a period of time before spending it.

A Farm Worker Gets Paid Today in Money,but Waits to Spend