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Which of the Following Applies to Money When It Serves

Question 162

Multiple Choice

Which of the following applies to money when it serves as a store of value?
I. Money is a store of value because it is an agreed measure for stating goodsʹ prices.
II. The more stable moneyʹs value, the better it serves as a store of value.
III. When money serves as a store of value, it requires a double coincidence of wants.


A) II and III
B) I and II
C) I only
D) II only

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