When Howie puts money under his mattress for purchases later on, money is acting as a

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When Howie puts money under his mattress, he is using it as a store of value, as he is saving it to make purchases later on. Money acting as a unit of accounting would be used to measure and compare the value of goods and services, standard of deferred payment refers to debt being paid later with money, and medium of exchange is when money is used to buy goods and services directly.

When Howie Puts Money Under His Mattress for Purchases Later