Which of the following is an example of money functioning as a store of value?
A) Your saving your spare change in a jar in order to afford an end- of- term party.
B) Amazon.com charging $9.95 for shipping.
C) Comcast charging $99 for internet, phone and cable service.
D) McDonalds charging 99 cents for a burger.

Question

Quizplus · Accepted Answer

Saving spare change in a jar is an example of money functioning as a store of value because the money is being held in a form that can be easily accessed and used for future purchases or activities. The spare change is not being immediately spent, but rather being saved for a later time, making it a store of value. The other options listed do not involve saving money for future use, and therefore do not fit the definition of a store of value.

Which of the Following Is an Example of Money Functioning