Because money is not perishable and is accepted at any time, it serves…

Question

Because money is not perishable and is accepted at any time, it serves as a:

Accepted Answer

C. Store of value

1. Rice cannot be stored for long.
2. Money acts as a store of value.
3. Its value must stay fairly stable to do this well.
_Source: syllabus Introductory Macroeconomics, Chapter 3, Money and Banking._

Answer

Medium of exchange

Answer

Bank reserve

Answer

Unit of account

Because money is not perishable and is accepted at any time, it serves as a:

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