Economy, asked by HEMANTHTHEROCKSTAR, 11 months ago

WHAT DO YOU UNDERSTAND BY STORE OF VALUE OF MONEY​

Answers

Answered by heartkiller143
2

Explanation:

store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. ... The most common store of value in modern times has been money, currency, or a commodity like a precious metal or financial capital.

Answered by Nitinsingh192
2

Answer:

Money is a type of asset in a modern economy that can be used to purchase goods and services. One of the most important features of money is that it acts as a store of value, which means that you can not only use it to trade but also store it for future use.

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