NEED ASAP Which function of money describes its ability to allow people to pay for
expensive goods or services over a long period of time?
A. Standard of deferred payment
B. Store of value
C. Measure of value
D. Medium of exchange

A. Standard of deferred payment

Explanation:

The use of money has contributed to increased borrowing and lending in the economy.  Because money is widely accepted as a medium of exchange and a store of value, trading is credit has significantly expanded.

Deferred payments are the ones to be made at future dates. Traders agree to sell on credit because they trust money as a store of value. They believe money as a medium of exchange will give them a value equivalent to their goods in the future.