explain the significance of store of value of function of money ?
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Answer:
Money is well-suited to storing value because of its purchasing power. It is also useful because of its durability. Because of its function as a store of value, large quantities of money are hoarded. Money's usefulness as a store of value declines if there are significant changes in the general level of prices.
Explanation:
three ways:
Medium of exchange
Store of value.
Unit of account.
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