Lisa is saving her money to buy a new saxophone. This is an example of

A) barter.

B) fiat money.

C) legal tender.

D) money as a store of value.

The correct answer is option D.

MONEY AS A STORE OF VALUE is an asset (money, precious metals, commodity, financial Capital, or currency that can be saved, retrieved, and exchanged later on. In the example provided, Lisa is going to use it to buy a new saxophone.

One of the main characteristics of Money as a store of value is its predictable value, except for hyperinflation times when it may become worthless.