Question

How is the function of money as a store of value useful to us?​

Answer 1

Hello !

     Money solves the problems created by the barter system.This money is then used to buy shoes. To serve as a medium of exchange, money must be very widely accepted as a method of payment in the markets for goods, labor, and financial capital. Second, money must serve as a store of value.

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Answer 2

Functions for Money

Money solves the problems created by the barter system. ... This money is then used to buy shoes. To serve as a medium of exchange, money must be very widely accepted as a method of payment in the markets for goods, labor, and financial capital. Second, money must serve as a store of value.