Money serves all of the following basic functions except _____.
A)medium of barter
B)medium of exchange
C)measure of value
D)store of value

Name: Money serves all of the following basic functions except _____. A)medium of barter B)medium of exchange C)measure of value D)store of value
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

The correct term is "medium of exchange," not "medium of barter." Money facilitates transactions as a medium of exchange, measures value as a unit of account, and retains purchasing power over time as a store of value.

Money Serves All of the Following Basic Functions Except _____