Which statement is true?

Question

Quizplus · Accepted Answer

One of the fundamental functions of money is to serve as a standard of value, enabling people to measure the worth of goods and services in a consistent manner. None of the other statements are accurate. Our money supply is not fixed by law and can be adjusted through various monetary policies. The US dollar is no longer backed by gold. Credit cards represent a means of accessing credit, but they are not technically a form of money. Money may provide a store of value, but its ability to retain value during times of inflation is debatable.

Which Statement Is True