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

Question

Quizplus · Accepted Answer

Saving spare change in a jar is an example of using money as a store of value. The spare change is being saved to be used for a specific purpose in the future, which is the end-of-term party.

Which of the Following Is an Example of Money Functioning