One of the functions of money is to serve as a:
A)store of value.
B)medium of exchange.
C)unit of account.
D)All of these are functions of money.

Question

Quizplus · Accepted Answer

Money serves as a store of value as it can be stored and used for future purchases, a medium of exchange as it can be used to buy goods and services, and a unit of account as it is commonly used to measure the value of goods and services. Therefore, all of these are functions of money.

One of the Functions of Money Is to Serve as A