Question #60515

Robert found his childhood piggy bank, which had been lost for ten years. The $20 bill inside it is still worth $20. What function is money serving in this example?

Expert's answer

The money function is serving store a value in this example.

It means the money holds value $20 over ten years.

The money allows Robert to store purchasing power for the future.

The answer is a store of value function

It means the money holds value $20 over ten years.

The money allows Robert to store purchasing power for the future.

The answer is a store of value function

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