Although not a unique store of value, people find money a convenient store of value because
A: it does not decline in value when prices rise.
B: its value remains fixed to the price level; that is, if prices double so does the value of money
C: it is the most liquid asset.
D: of all of the above
E: of none of the above
A: it does not decline in value when prices rise.
B: its value remains fixed to the price level; that is, if prices double so does the value of money
C: it is the most liquid asset.
D: of all of the above
E: of none of the above
举一反三
- Because it is a store of value, money A: does not earn interest B: cannot be a durable asset C: must be currency D: is none of the above
- The role of money that does not cause the demand for money is ( ). A: Standard of value B: Means of exchange C: Means of payment D: Store of value
- The role of money as a store of value refers to: () A: the value of<br/>money falling only when the money supply falls. B: the value of<br/>money falling only when the money supply increases. C: the fact that<br/>money allows worth to be stored readily. D: the fact that<br/>money never loses its value compared with other assets.
- Which of the following assets can serve as a store of value? A: Money B: Stocks and bonds C: Houses D: All of the above
- Money serves all of the following basic functions except _____. A: medium of barter B: medium of exchange C: measure of value D: store of value