Give reasons "Money works as a store of value".
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Money is well-suited to storing valuebecause of its purchasing power. ... When a currency loses its store of value, or more accurately when acurrency is perceived to lose its future purchasing power, it fails to function as money. This causes people to use currencies from other countries as a substitute.
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Heya....
See here for your answer....
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Money works as store value reason..
• We can store Monet in banks for future need...
• We can carried money with us for usual transactions...
• At home also we can save money for daily uses...
So Monet is the best firm or medium of made transaction..
Thank you
See here for your answer....
===============
Money works as store value reason..
• We can store Monet in banks for future need...
• We can carried money with us for usual transactions...
• At home also we can save money for daily uses...
So Monet is the best firm or medium of made transaction..
Thank you
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