--%>
Assignment Help - homework help

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.

   Related Questions in Microeconomics

  • Q : Pure economic profit in the short run

    Monopolistically competitive firms: (w) profit by erecting durable barriers to entry and exit. (x) may realize pure economic profit in the short run, but not in the long run. (y) supply homogenous goods. (z) produce where marginal cost is at its minim

    		•
  • Q : Opportunity costs in different prices

    While a firm is NOT able of price discrimination: (w) various prices are charged for units of remotely related goods. (x) only opportunity costs are reflected in various prices for units of similar good. (y) any short term profit stimulates long run l

    		•
  • Q : What is technological advance Broadly

    Broadly defined, technological advance: A) can occur in either the short run, long run, or very long run. B) comprises new and improved goods and services and new and improved ways of producing or distributing them. C) includes invention, but not innovation or diffusi

    		•
  • Q : Motivation behind granting patent rights

    Normal 0

  • Q : Labor Derived Demand The faddish

    The faddish popularity of Atkins and the South Beach diets both of which advice dieters to eat additional meat and to decrease the intake of starchy carbohydrates, probably decreased incomes most sharply for: (1) cattle ranchers. (2) Grocery store clerks. (3) Sushi ch

    		•
  • Q : Greatest percentage rate of return The

    The greatest percentage rate of return would be generated through a financial investment which yielded: (w) annual income = $1,000; current price = $10,000. (x) monthly income = $100; current price = $24,000. (y) annual income = $1,200; current price = $10,800. (z) an

    		•
  • Q : Fundamental Normative Economics The

    The fundamental economic question for that answers are most likely to be different greatly across the populace and be most heavily based upon value judgments is: (1) what goods will society produce? (2) how will resources be used to yield the goods so

    		•
  • Q : Demand and Supply in short run Both

    Both demand and supply of hamburgers would plummet in short run, as would be quantity sold, however we can’t be certain how the price would adjust when: (i) 75 % of the population became serious vegetarians. (ii) People abruptly decreased their intake of milk pr

    		•
  • Q : Elimination of exploitation The removal

    The removal of exploitation of labor [that is, wage payments beneath the value to society of each and every individual worker’s productive contribution] is automatic when business decision makers: (1) Should set wages via collective bargaining agreements with th

    		•
  • Q : Equilibrium market price and quantity

    Equilibrium market price and quantity would definitely both falls when demand declines and supply will: (w) decreases. (x) increases. (y) is constant. (z) pulsates rhythmically. I need a good answer on the topic of

    		•