Which of the following is a function of money?
A)a unit of account
B)a store of value
C)medium of exchange
D)All of the above is correct.

Question

Quizplus · Accepted Answer

Money serves as a unit of account as it is a standard measure used to value goods and services. It also functions as a medium of exchange, as it is widely accepted in exchange for goods and services. Additionally, money serves as a store of value, as it can be saved and used for future purchases.

Which of the Following Is a Function of Money