Financial instruments and money share which of the following characteristics?
A. Both can function by acting as a means of payment and allow for trading of risk.
B. Both can function as a means of payment and a store of value.
C. Both can function as a store of value even though they do not allow for trading of risk.
D. Both can function as a store of value and allow for trading of risk.
Answer: B
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What will be an ideal response?
Suppose a retail store was offering 10% off list prices on all goods. The benefit of the 10% savings is:
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