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
A: does not earn interest
B: cannot be a durable asset
C: must be currency
D: is none of the above
举一反三
- As a store of value, money________. ( ) A: does not earn interest. B: is a way of saving for future purchases. C: cannot be a durable asset. D: must be currency.
- 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
- 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
- Which of the following is a store of value? ( ) A: currency B: U.S. government bonds C: fine art D: All of the above are correct.
- 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