Ask Question
HistoryHistory
28 December, 03:11

Lisa is saving her money to buy a new saxophone. This is an example of

A) barter.

B) fiat money.

C) legal tender.

D) money as a store of value.

+3
Answers (1)
  1. 28 December, 05:49
    0
    The correct answer is option D.

    MONEY AS A STORE OF VALUE is an asset (money, precious metals, commodity, financial Capital, or currency that can be saved, retrieved, and exchanged later on. In the example provided, Lisa is going to use it to buy a new saxophone.

    One of the main characteristics of Money as a store of value is its predictable value, except for hyperinflation times when it may become worthless.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Lisa is saving her money to buy a new saxophone. This is an example of A) barter. B) fiat money. C) legal tender. D) money as a store of ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following must be proposed by Congress or by a national convention answer quick
Answers (1)
W. E. B Dubois wanted African Americans to respond to segregation by a) working together to overturn Jim Crow laws in the south b) educating themselves and writing pamphlets c) going to court to change immigration laws.
Answers (1)
How did the assassination of Archduke Franz Ferdinand lead to World War I?
Answers (1)
Why is Leonardo da Vinci known as a "Renaissance Man?" A) This is the name that has been widely used for Leonardo's self-portrait. B) Leonardo was born near the town of Vinci in the Italian province of Renaissance.
Answers (2)
Were Alexander Hamilton and John Laurens gay? I read some of their letters to each other yesterday, and I wanted to know if they were gay and possibly "together"
Answers (2)
New Questions in History
What were the causes of ww1? Which one am I missing? There's still an empty box and I've written all that I know
Answers (1)
Which city was a temporary capital at times during the American Revolution? Augusta Louisville Milledgeville
Answers (2)
Which of the following is an accurate statement? A. The Incan emperor conquered neighboring peoples and enlisted them in his army. B. The Maya empire was ruled by one all-powerful priest who controlled the nobles. C.
Answers (1)
The United States declared war on Great Britain in 1812 because A) the British navy sank an American warship. B) British companies refused to pay debts to US banks. C) the British claimed rights to the territory of California.
Answers (1)
What type of government does United States of America have? A. Autocracy B. Oligarchy C. Democracy
Answers (2)
Home » History » Lisa is saving her money to buy a new saxophone. This is an example of A) barter. B) fiat money. C) legal tender. D) money as a store of value.
Sign Up Forgot Password?