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