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2 years ago

Money functions as a store of value if it allows you to:

Business

1 answer:

fenix001 [56]2 years ago

5 0

Money is called a store of value because it allows us to:

Save
Allocate capital
Have confidence in money

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

When money is a store of value, we have confidence in its ability to be used to carry our wealth into the future.

In conclusion, money being a store of value means that we have confidence in it.

Find out more about the functions of money at brainly.com/question/3182649.

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