Economy, asked by 198562, 4 months ago

What is meant by store of value?

Answers

Answered by Anonymous

Answer:

A store of value is an asset that maintains its value, rather than depreciating. Gold and other precious metals are good stores of value because their shelf lives are essentially perpetual. A nation's currency must be a reasonable store of value for its economy to function smoothly.

Answered by geeta7260

Explanation:

A store of value is asset that maintaining it's value ,rather than depreciating.

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