Economy, asked by deepanshusingh47762, 18 days ago

asset function of money

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Answered by ss6406817

1

Answer:

Money being the most liquid of all assets is a convenient form in which to store wealth, that is, money can be held as an asset. Thus store of value function is also called asset function of money. It is, therefore, essential that the good chosen as money should be such as can be easily stored without deterioration or wastage.

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