The store of value characteristic of money refers to the fact that:
A)People save most of their money
B)Sellers are less likely to accept perishable goods in exchange for goods they sell
C)Money is not valuable unless it is stored
D)Money is the only way people have to store value

Question

Quizplus · Accepted Answer

The store of value characteristic of money refers to the fact that money can be stored and held for future use because it maintains its value over time. This makes it a more desirable form of payment for sellers, as opposed to the uncertainty and perishability of other goods.

The Store of Value Characteristic of Money Refers to the Fact