Question

Bryan needs a new backpack. He compares the prices of three different backpacks at a local store to finnd the best deal. Which purpose of money is bryan demonstrating? (1 point)

A- Unit of account
B- Store of value
C- Acceptance of payment
D- Medium of exchange*******

D is my answer but does anyone have the rest of the answers to building on economics basics practice test for connections academy???

Answer 1

The correct answer is letter b. store of value.

Store of Value refers to the aspects of an asset that can be kept, retrieved and exchanged at a later time, and can be predictably beneficial while retrieved. The most usual store of value in the modern era has been known to be money, currency, or a commodity like a treasured metal or monetary capital.