1
Question
Which of the following are features of money?
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Solution
The correct option is B Medium of exchange, unit of account, and store of value.
Money is defined by the functions it serves. Money serves as a
medium of exchange, as a store of value, and as a unit of account. Medium of
exchange. Money's most important
function is as a medium of
exchange to facilitate transactions.
Money is defined by the functions it serves. Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions.
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