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If you put a $20 bill in the pocket of your winter coat at the beginning of spring so that you will be surprised when you find it again next winter, you are using money as:______

Sagot :

You are using money as a store of value.

What is a store of value?

Money is anything that is generally accepted as a means of payment for goods and services and for repayment of debt. For example, the $20 bill is widely accepted as a means of payment in the US and in some parts of the world.

Money serves as a store of value when it can be used in the future for payment of money. Money is able to serve this function because it can retain its value over the long term.

To learn more about money, please check: https://brainly.com/question/940436

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