Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

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

#SPJ1

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.