Which of the Following Functions of Money Would Be Least

question 37

Multiple Choice

Which of the following functions of money would be least affected if the economy experiences high rates of inflation?

• A) unit of account
• B) store of value
• C) standard of deferred payment
• D) medium of exchange

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Definitions:

Abduct

To move away from the midline of the body or from another part; often used in the context of muscle movement or the abduction of a limb.

Silent Letter

A letter that is present in the spelling of a word but not pronounced when the word is spoken.

Initialism

A type of acronym formed from the initial letters of a phrase, where each letter is pronounced separately, such as FBI.

Combining Form

A form of a word that combines with another form to create a new word or term, often used in medical terminology.