Which of the following items is NOT a function of money?
A) a medium of exchange
B) a unit of account
C) a method of making change
D) a store of value

Question

Quizplus · Accepted Answer

Although making change is a common use of money, it is not considered a core function of money. The core functions of money are as follows: (1) a medium of exchange, meaning it can be used to purchase goods and services; (2) a unit of account, meaning it is used to measure the value of goods and services; and (3) a store of value, meaning it can be saved and used at a later time.

Which of the Following Items Is NOT a Function of Money