Question

question 24

if money cannot maintain its ________ over time, it fails to fulfill one of the essential functions necessary for people to save and plan their finances.

• value
• durability
• taxability
• exchangeability

Explanation:

Analyze the functions of money

Money serves three primary functions: a medium of exchange, a unit of account, and a store of value.

Connect the prompt to the correct function

The prompt states that money must maintain something over time to allow people to "save and plan their finances." Saving requires money to act as a reliable store of value. Therefore, money must maintain its value over time.

Answer:

• value (Correct answer)
• durability
• taxability
• exchangeability