When money is kept for future use rather than spent today, it acts as a:
AStream of value
BStore of value
CStack of value
DStock of value
Answer & Solution
Correct answer: B. Store of value
1. Wealth can be held in money form.
2. It waits until the holder chooses to spend.
3. So it acts as a store of value.
_Source: OpenStax Introduction to Business 2e, Chapter 15, Understanding Money and Financial Institutions._
Keep practising Money and Financial Institutions
Browse all Money and Financial Institutions questions for BBI (Bachelor of Banking & Insurance), or explore more Finance topics.