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When money is held as an asset, it is serving as a:
Multiple Choice
unit of ac...
Mar 15, 2024
When money is held as an asset, it is serving as a:
Multiple Choice
unit of account.
medium of exchange.
store of value.
standard of value.
When money is held as an asset, it is serving as a store of value. It retains its worth over time and can be used to purchase goods and services in the future.
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