The Three Functions of Money Are

question 122

Multiple Choice

The three functions of money are:

• A)medium of exchange,store of value,and measure of liquidity
• B)conduit for international trade,store of value,and standard of value
• C)medium of exchange,store of value,and standard of value
• D)inflation hedge,measure of liquidity,and medium of exchange

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Definitions:

Apply

To put into action or use a particular method, process, or rule, often in order to achieve a specific result or effect.

MID Function

A programming function that extracts a substring from a given string, starting at a specified position and continuing for a given number of characters.

Text

Written or typed words used to convey messages, information, or data.

Single Quotation

A punctuation mark used to indicate dialogue, a quote within another quote, or to denote particular meanings in texts.