Which of the Following Is Not a Function of Money

Business Economics QA Library Which of the following is NOT a function of money. To act as a medium of exchange b.

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Which of the following is not a function of money.

. The only alternative to using money is to go back to the barter system. Business Economics QA Library Which of the following is NOT a function of money. Which of the following is not a function of money.

Functions of money can be broadly categorised into the following two types. So the correct option will be. Which of the following is not a function of money.

A medium of exchange B. A medium of exchange is an asset that can be used in a transaction to exchange goods and services. Not every asset can be used as a medium of exchange.

The difference between representative money and fiat money is that. 3 Show answers Another question on History. Which of the following is not a function of money.

Money serves four basic functions. Which of the following is not a function of money. A store of value O C.

Which of the following is NOT a function of money. Which one of the following is not a function of money. A unit of account Which function of money is best served by bitcoin.

Determinant of exchange of medium. The wealthy have the money to spend extravagantly or provide for their basic needs. It is a standard of deferred payment.

Aman a vegetable seller exchanged 4 apples with Rahul a cloth dealer for 1 meter of cloth. Unit of account B. 32 Which one of the following is not a function of money.

It means that money can be used to make payments for all the transactions of goods and services. The secondary function of money includes money as a store of value and money as a standard of deferred payment. It is a unit of account 2.

After completing this lesson you should be. It is a store of value 3. History 22062019 0600.

A medium of exchange. Store of value c. The poor on the other hand dont have much money and struggle to meet even the most basic needs.

A store of value D. The following points highlight the top six functions of money. The difference between the two mindsets can be seen in 13 different ways.

A Medium of Exchange. To act as a unit of account c. Open market operation C.

Store of value C. A unit of account O b. However as a system of exchange the barter system would be highly impracticable today.

To act as a store of value d. For example if the baker who supplied the green-grocer with bread had to take. Standard for deferred payment.

Which of the following is not a function of money. An interest-earning asset O d. I Medium of exchange.

Medium of exchange D. Group of answer choices to serve as a measure of value to serve as an accepted method of payment to serve as a means of wealth to serve as a method of purchasing using credit. A unit of account C.

A medium of exchange B. Which of the following is not a function of money. It is a medium of exchange.

An inflation hedge is an investment that is considered to provide protection against the decreased purchasing power of a currency which results from the loss of its value due to rising prices inflation. Which of the following is not a function of money. Option C Explanation No official explanation is available for this question at this time.

A Primary functions b Secondary functions a Primary functions. Please check contributions posted by others below. The primary function of money includes money as a medium of exchange and money as a measure of value.

9 Money functions as a medium of exchange and payment and can also be held to be used in the future. It allows banks to lend out funds. A measure of inflation C.

D None of the above. Which of the following is not a function of money. It is an essential.

It is a medium of exchange and 4. Store of Value If something is to be considered as money it has to fulfil all four functions. Money as a Medium of Exchange.

Which of the following is not a function of money. To provide a double coincidence of wants. Medium of exchange E.

Medium of exchange b. Standard of deferred payment. Therefore power indicator is not a function of money.

Unit of Account B. Its a standard of deferred payment. It is a store of value.

A buyer can buy goods through money and a seller can sell goods for money. To facilitate trade e. To be a proper medium of exchange an asset must have.

A medium of exchange B means of payment C store of value D measure of liquidity E unit of account Answer. Determinant of exchange of medium D. The system wherein trade can be carried out through the exchange of goods and services is called the.

Standard for deferred payment Correct Answer. A Medium of exchange b Price stability c Store of value d Unit of account. However it is not a function of money to be lent out by the banks.

Gold and other precious metals have been used as a medium of exchange before money itself or alongside it.

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