Store of value
What Store of value means in Economics GCSE, as defined for AQA.
Definition of Store of value
Check what you remember
Read the wording for your board, then hide it and explain Store of value in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A function of money meaning it can be saved and retrieved in the future without losing its purchasing power, provided inflation remains low.
Topics that use Store of value
- The role of money (AQA GCSE)
Related terms
Using Store of value in the exam
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