question 7&8 exam ons

You use money as a 'store of value' when you... buy a new sweater. buy a book on sale to take advantage of a deal. put money in a jar to use later to buy a new car. describe to a friend how much you paid for a new computer. Question 8 (1 point) Why does M1 money measure the most liquid types of money? The components of M1 money cannot be used to purchase goods and services directly. The components of M1 money must be used immediately to have value. The components of M1 money retain their real value over time and can serve as a hedge against inflation. The components of M1 money can be used to purchase goods and services directly