Which of the following is NOT a function of money?
I.unit of account
Ii.store of value
Iii.unit of debt
A)i only
B)ii only
C)iii only
D)both ii and iii
E)both i and ii

Question

Quizplus · Accepted Answer

Money is not a unit of debt. It can be used to repay debts, but it is not considered a "unit of debt" in and of itself. The other two functions listed, unit of account and store of value, are both functions of money. Option A, B, and D are all incorrect because they all include at least one function that money does provide.

Which of the Following Is NOT a Function of Money