Examlex
Which of the following does NOT describe a function of money?
Producer Surplus
The difference between what producers are willing to accept for a good or service versus what they actually receive in the market.
Allocative Efficiency
A state of resource allocation where goods and services are distributed according to consumer preferences in a way that maximizes utility.
External Benefits
Advantages that result from a product or service's use that affect someone other than the direct consumer or producer, often justifying government intervention.
Consumption
The process by which goods and services are used by households and individuals, leading to a decrease in their availability.
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