An asset set aside for future use is termed as_______________________?
Correct answer: B. Store of value
- A. Future planning
- B. Store of value
- C. Speculation
- D. None
Explanation
A store of value is an asset held to preserve purchasing power for future use, such as money, gold, or some financial assets. Speculation involves taking risk in expectation of price changes rather than simply preserving value.
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