Social Studies, 19.11.2020 17:40 meganxc98

A person puts $50 into a bank. That person knows that her $50 will have the same value when she takes it out of the bank even if it's years later. This is an
example of which function of money?
A. store of value
B. transfer of value
C. standard of deferred payment
D. measure of value

Answers: 3

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A person puts $50 into a bank. That person knows that her $50 will have the same value when she tak...

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A person puts $50 into a bank. That person knows that her $50 will have the same value when she takes it out of the bank even if it's years later. This is an example of which function of money? A. store of value B. transfer of value C. standard of deferred payment D. measure of value

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Another question on Social Studies

A person puts $50 into a bank. That person knows that her $50 will have the same value when she takes it out of the bank even if it's years later. This is an
example of which function of money?
A. store of value
B. transfer of value
C. standard of deferred payment
D. measure of value