Question

Money serves as a store of value when: Multiple Choice it is a means of holding wealth. there is direct trade of goods and services. it is a basic measure of economic value. it is used to purchase goods and services.

Answer 1

The answer is A.

Step-by-step explanation:

One of the functions of money is to serve as a store of value(the rest is as a medium of exchange, store of value, unit of account)

Money can be stored as deposit in banks(the money saved in banks), bonds, golds, stocks etc. Money are stored in these as they can easily be converted to cash. What the money is being stored as must be easily be converted to cash.