Because money serves as a standard for deferred payments

Because money serves as a standard for deferred payments
  • A.
    it serves as a store of value
  • B.
    goods can be bought on credit with pre-determined value
  • C.
    future trade becomes possible
  • D.
    it serves as a unit of account
  • E.
    it becomes valuable
Correct Answer: Option B
Explanation
You May Also Like