Question

'Money is a matter of functions four, a medium, a unit, a _______ and a store.

• A. yardstick
• B. token
• C. value
• D. standard

Answer 1

The correct option is D standard

Money serves four basic functions:

1. It is a unit of account,

2. It is a store of value,

3. It is a medium of exchange and

4. It is a standard of deferred payment.