The Functions of Money Are

question 32

Multiple Choice

The functions of money are

• A) a conductor of economic activity, a medium of exchange, and a store of value.
• B) a medium of exchange, a store of value, and a factor of production.
• C) a store of value, a medium of exchange, and a determinant of investment.
• D) a store of value, a unit of account, and a medium of exchange.

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Definitions:

Sharing Decision

The process of making decisions collaboratively, involving multiple stakeholders or team members in the deliberation and selection of a course of action.

Exercises Strong Control

Refers to the exertion of authoritative influence or direction over something or someone to achieve desired outcomes.

Ethical Leader

A leader who prioritizes ethical considerations and moral integrity in decision-making and influences others to do the same.

Organization Strengthens

The process of a company or institution enhancing its capabilities and resources to achieve its goals.