Which of the following is not a function of money?
A) Medium of exchange
B) Income generation
C) Standard of value
D) Store of value
Correct Answer:
Verified
Q133: In a fractional reserve banking system
A)commercial banks
Q134: Precautionary cash balances
A)are invested in insurance policies
Q135: A financial intermediary is
A)a firm that specializes
Q136: A main function of money is to
Q137: Statement I: Welfare banks are set up
Q139: In the fractional reserve banking system
A)only a
Q140: The precautionary demand for money originates in
A)people's
Q141: The quantity of money held by typical
Q142: Which of these is NOT money in
Q143: Statement I: Most banks provided free check-cashing
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