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Homework answers / question archive / Treasury Bonds are neither a store of value nor a medium of exchange
Treasury Bonds are
neither a store of value nor a medium of exchange.
a store of value, but not a medium of exchange.
both a store of value and a medium of exchange.
a medium of exchange, but not a store of value.
Ans:
a store of value, but not a medium of exchange.
Explanation
A store of value is the function of asset that the asset retains its value. It means the value of asset is stored and retrieved at a later date. Treasury Bonds are a store of value.
