Importance of Store of Value function of money

Importance of Store of Value function of money: People save a portion of their earnings for utilization in future. But in what form? Money fulfills this requirement of the people. Money as a store of value signifies that money is an asset and can be stored for utilization in future and one can hold one?s earnings till the time one wishes to spend it. It is the store of value function of Money.

View Complete Question

Related Questions in Microeconomics

Q : Determine constant elasticities of

Which of the given demand curves have constant elasticities of demand as follows: (w) A vertical demand curve. (x) A horizontal demand curve. (y) A rectangular hyperbola. (z) All of the above. Hello guys I want you

Q : Price elasticity of demand coefficient

A price elasticity of demand coefficient of infinity implies that: (w) the demand curve is horizontal. (x) each 1 percent price hike elicits a 1 percent increase in revenue. (y) total revenue increases proportionally as a firm increases its price. (z)

Q : Process of Capitalization

Capitalization is a process: (a) that converts fixed cost into variable cost. (b) by which predictable income flows are translated into wealth. (c) of financial intermediation by bankers. (d) of exploiting unskilled workers.

Q : Consequence of Rational Ignorance Can

Can someone help me in finding out the right answer from the given options. Being disappointed whenever you finally learn how some desserts are accessible after you have already told the server at a restaurant that you will try the ‘all-you-can-eat’ buffet

Q : Determine least price elastic points

The section of this supply curve for 2×4s which is least price elastic is in between: (i) point a and point b. (ii) point b and point c. (iii) point c and point d. (iv) point d and point e. (v) point e and point f.

Q : Problem on Horizontal Mergers Can

Can someone please help me in finding out the accurate answer from the following question. Which of the given below is not an illustration of horizontal integration? (1) Prudential Insurance gets Metropolitan Life Insurance. (2) Daimler-Benz absorbs Chrysler. (3) McDo

Q : Open market operation-Deficient demand

Open market operation signifies to the sale and purchase of securities by the Central Bank in case of deficient demand whenever AD falling short of AS at full employment, the Central Bank purchases securities in open market and makes payment to the se

Q : Determine the market price when demand

When both demand and supply rise within the market for cell phones, we would suppose the market price to: (w) increase. (x) decrease. (y) increase, decrease, or stay similar, depending upon the relative magnitudes of the shifts. (z) s

Q : Strategy of Predatory Behavior A huge

A huge firm which slashes prices to drive smaller competitors out of business, and after that raises prices due to its enhanced market power is pursuing a strategy of: (1) predatory pricing. (2) cut-throat competition. (3) price discrimination. (4) ma

Q : Individual demand and market demand

Individual demand and market demand schedules: Individual demand schedule states the quantities required by an individual consumer at various prices.

Discover Q & A

Leading Solution Library

Avail More Than 1454059 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1954331
Asked

3,689

Active Tutors

1454059

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment