The Functions of Money Do Not Include

question 15

Multiple Choice

The functions of money do not include

• A)a unit of account.
• B)a medium of exchange..
• C)a store of value.
• D)an exchange of purchasing power.
• E)any of these.

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Definitions:

Financial Asset

Any asset that is cash, an equity instrument of another entity, or a contractual right to receive cash or another financial asset.

Risk-free Asset

An investment with zero default risk, often assumed to be government bonds, providing a guaranteed return.

Average Returns

The mean financial return of an investment over a specified period.