Functions of money include all of the following EXCEPT:
A) Money serves as a medium of exchange.
B) Money may be held as a store of value.
C) Money determines the wealth of a nation.
D) All of the above are functions of money.

Question

Functions of money include all of the following EXCEPT:
A)	Money serves as a medium of exchange.
B)	Money may be held as a store of value.
C)	Money determines the wealth of a nation.
D)	All of the above are functions of money.

Quizplus · Accepted Answer

Money does not determine the wealth of a nation, as wealth is determined by the resources, assets, and capabilities of a nation. Money is just a means of exchange and a store of value.

Functions of Money Include All of the Following EXCEPT