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) McDonalds charging 99 cents for a burger.
C) Your saving your spare change in a jar in order to afford an end-of-term party.
D) Amazon.com charging $9.95 for shipping.

Question

Quizplus · Accepted Answer

Money functions as a store of value when it can be saved and retrieved later, retaining its value over time. Saving spare change in a jar for future use, as in option C, exemplifies this function by preserving money for a later purchase.

Which of the Following Is an Example of Money Functioning