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when making a deposit into a financial institution, such as a bank, this BEST reflects which function of money? A) Store of value B) Unit of account C) Standard of Value D) Medium of exchange

User Tombala
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2 Answers

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I think its A. Store of Value

sorry in advance if its wrong.
User Elroy Jetson
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The correct answer is A. Store of value.

Store of value is termed as the function of an asset which can be exchanged, retrieved, or saved for later use.

It can be a purchasing power to the future.

Store of value in today's generation is commodity, currency, and money.

Because of its liquidity money is one of the store of value.

Functions of money can be store of value, unit of account and medium of exchange.

User Megkadams
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