Homework Answers
45.
Since money is anything which can be used for purchasing available goods and services. An metal money are used as store value because it does not perishes as compared to perishable goods like food and animals.
An metal money can be used as a store value. It means it can be used in the future period if saved today.
Hence it can be said that money is a store of value means that money can be saved for a later date.
Hence option second is the correct answer.
46.
M1= currency and coins + checkable deposits + Travelers’ checks
=$40 millions+ $120 millions + $10 millions
=$170 million
Hence option second is the correct answer.
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