Which of the Following Is NOT a Function of Money

question 109

Multiple Choice

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

---

Definitions:

Producer Surpluses

The difference between the actual price a producer receives for a product and the minimum price they would be willing to accept.

Willingness to Pay

The maximum amount an individual is prepared to spend on a good or service, reflecting its value to them.

Basketball Sneakers

Footwear specifically designed for playing basketball, offering support, durability, and traction.

Willingness to Pay

The maximum amount a consumer is ready to pay for a good or service, reflecting the value they place on it.