Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

A customer who has purchased a DVD player with a credit card does not need to pay the bill until 56 days after the purchase is made. Which function of money is shown by this postponement of payment?

  • Amedium of exchange
  • Bstandard of deferred payment
  • Cstore of value
  • Dunit of account

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