Vaibhav Anand

1 years ago

Which Of The Following Is A Money Function?
A) Medium Of Exchange
B) Unit Of Account
C) Store Of Value
D) All Of The Above

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  • 2 Answers




Manuja Punia

D. Money has main 3 functions and some other functions as well:
a. Medium of Exchange
b. Unit of Account
c. Store of value
Other functions are:
i. The Basis of Credit
ii. A measure of Value
iii. A standard of postponed payment.