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 prices for goods.
II. The more stable money's value is, 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) I only
B) II only
C) I and II
D) II and III
Correct Answer:

Verified
Correct Answer:
Verified
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