Question

How is money used as a store of value?

A.People use money to buy productive resources to make good and services.
B.People agree that money has value to purchase needed goods and services.
C.People compare the value of different goods and services by their cost in money
D.People save money over time for future purchases of goods and services.

Answer 1

The best and most correct answer among the choices provided by the question is the second choice.


Money is considered as a store of value because people agree that money has value to purchase needed goods and services.

I hope my answer has come to your help. God bless and have a nice day ahead!