Which of the following functions as both a store of value and a medium of exchange?
A)Cash and stocks
B)Cash but not stocks
C)Stocks but not cash
D)Neither cash nor stocks

Question

Quizplus · Accepted Answer

Cash serves both as a store of value and a medium of exchange, allowing it to be saved and readily used for transactions. Stocks, while a store of value, are not commonly used as a medium of exchange for everyday transactions.

Which of the Following Functions as Both a Store of Value