When you set aside the money you have today in order to purchase goods and services later on, you are using money as a
A) medium of exchange.
B) standard of deferred payment.
C) unit of accounting.
D) store of value.

Question

Quizplus · Accepted Answer

Setting aside money today to purchase goods and services later on indicates that you are using money as a store of value. Money stored as savings or investments can be used to purchase goods or services in the future.

When You Set Aside the Money You Have Today in Order