Question

Which of the following showcases the feature of store of value?

• A. Something that is generally acceptable in exchange for goods and services
• B. A legally recognized asset that is generally accepted in exchange for goods and services.
• C. Something that circulates and provides a standardized means of evaluating the relative price of goods and services.
• D. The ability of money to command purchasing power in the future

Answer 1

The correct option is D The ability of money to command purchasing power in the future

A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. The most common store of value in modern times has been money, currency, or a commodity like gold, cryptocurrency or financial capital.