5. Which of the following is the best example of using money as a store of value?...

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5. Which of the following is the best example of using money as a store of value?

a. A customer pays in advance for $10 worth of gasoline at a gas station.

b. A babysitter puts her earnings in a dresser drawer while she saves to buy a bicycle.

c. Travelers buy meals on board an airline flight.

d. Foreign visitors to the United States convert their currency to dollars at the airport.

e. You use $1 bills to purchase soda from a vending machine.

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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