Which of the Following Functions of Money Would Be Violated

question 45

Multiple Choice

Which of the following functions of money would be violated if inflation were high?

• A)unit of account
• B)store of value
• C)certificate of gold
• D)medium of exchange

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Definitions:

Direct Cost

Expenditures that can be directly associated with manufacturing certain goods or services, like labor and raw materials.

Manufacturing Equipment

Tools and machinery used in the process of producing goods from raw materials.

Sprinkles

Small pieces of confectionery used as a decoration or to add texture to desserts.

Indirect Material

Materials used in the production process that cannot be directly linked to specific products, such as lubricants and cleaning supplies.