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Economics (AS & A Level) · Oct / Nov 2024 · Paper 32 · Question 16

9708Money and banking

When buying a car, Salma agrees to pay half of the cost now and the other half in six months time. Which function of money does this illustrate?

  1. Adivisibility
  2. Bdurability
  3. Cstandard of deferred payment
  4. Dstore of value

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Correct answer: C. standard of deferred payment

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