Is money the only store of value? If not, give some other examples of stores of value.

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Is money the only store of value? If not, give some other examples of stores of value. Must money be a store of value to serve its function as a medium of exchange? Briefly explain.

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Dec 31, 2018 11:44 AM

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Is money the only store of value? If not, give some other examples of stores of value.

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No the storeofvalue function is not unique to money ...View the full answer

Money, Banking, and the Financial System

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