Treasury Bonds are neither a store of value nor a medium of exchange

Economics May 18, 2021

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.

Expert Solution

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.

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