Due to which of the following reasons can money be differentiated from other physical assets that can perform the function of store of value?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Money is easy to store.
Money is uniquely suited as a store of value due to its liquidity, portability, divisibility, uniformity, durability, and fungibility.
These characteristics make it more practical and convenient than other physical assets, which might also store value but come with limitations in terms of liquidity, portability, and uniformity.
These distinct advantages ensure that money remains the primary medium for storing and exchanging value in an economy.