4
Question
Which of these is not a function of money?
Which of these is not a function of money?
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Solution
The correct option is B Power indicator
Money refers
to a common medium of exchange that is issued under the law of government and
acts as a legal tender for the whole country. The functions of money can be
classified into two categories:
1. Primary function: The primary function of money includes money
as a medium of exchange and money as a measure of value.
2. Secondary function: The secondary function of money includes
money as a store of value and money as a standard of deferred payment.
Therefore, power indicator is not a function of money.
Money refers to a common medium of exchange that is issued under the law of government and acts as a legal tender for the whole country. The functions of money can be classified into two categories:
1. Primary function: The primary function of money includes money as a medium of exchange and money as a measure of value.
2. Secondary function: The secondary function of money includes
money as a store of value and money as a standard of deferred payment.
Therefore, power indicator is not a function of money.
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