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Question Practice

How does money function as a 'store of value'?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA

Exploring Society India and Be...

From Barter to Money

How does money function as a '...

Single Answer MCQ

Q-00130444

How does money function as a 'store of value'?

1

It allows for future exchanges of goods.

2

It can be used for entertainment purposes.

3

It functions only during trade.

4

It loses value over time.

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Keep Practising

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Q1.

What is the barter system?

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Q2.

Which of the following is a limitation of the barter system?

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Q3.

In the barter system, which item listed was commonly used as a commodity?

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Q4.

What problem does the term 'portability' refer to in the barter system?

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