Which of the Following Is Not a Function of Money

question 28

Multiple Choice

Which of the following is not a function of money?

• A)Hedge against inflation.
• B)Medium of exchange.
• C)Unit of account.
• D)Store of value.

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Definitions:

Natural Log

The logarithm to the base e, where e is an irrational and transcendental constant approximately equal to 2.71828.

Risk Averter

An individual or entity that prefers to avoid risk, typically choosing options with more certain outcomes over those with higher, but more uncertain, returns.

Expected Value

A calculated average of the possible outcomes of a given event, weighted by the likelihood of each outcome occurring.

Natural Log

The logarithm to the base \(e\) (where \(e\) is approximately 2.718), a constant used in mathematics and economics to model growth processes.