Which of the following is NOT a function of money?
A) It acts as a medium of exchange.
B) It acts as a Store of value.
C) It enables barter trade.
D) It can be used as a standard of deferred payment.
Correct Answer:
Verified
Q6: When two producers are trading without money,
Q7: When people use money by trading it
Q8: If money is a legal tender, it
Q9: Costs of trading are referred to as_
Q10: Higher the rate of inflation
A)slower will be
Q12: Hyperinflation occurs when
A)the inflation rate is extremely
Q13: Inflation affects money by
A)increasing money's efficiency as
Q14: As a medium of exchange, money makes
Q15: Gresham's Law states that
A)the more you make,
Q16: When people keep money for some period
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