Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

In 2013, an American purchased an English football club. The funds used for the acquisition were borrowed, so the resulting interest payments in the future were expected to be more than US $95 million. Which function of money is best shown by this transaction?

  • Adouble coincidence of wants
  • Bgeneral acceptability
  • Cstandard of deferred payments
  • Dstore of value

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