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Allushta [10]
3 years ago
6

What function of money is highlighted if someone puts cash under his or her mattress to have on hand for unexpected emergencies?

Choose one: A. commodity money B. unit of account C. medium of exchange D. fiat money E. store of value
Social Studies
1 answer:
scZoUnD [109]3 years ago
5 0

Answer:

E. Store of value

Explanation:

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. More generally, a store of value is anything that retains purchasing power into the future, as seen for someone putting cash under the mattress.

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