Which of the Following Is NOT a Function of Money

question 37

Multiple Choice

Which of the following is NOT a function of money?  

• A) to act as a medium of exchange 
• B) to act as a unit of account 
• C) to facilitate trade 
• D) to provide a double coincidence of wants

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Definitions:

Limited Quantities

Refers to the restricted availability of goods or resources, which can affect pricing, demand, and supply conditions.

Opportunity Costs

The penalty of bypassing the next most advantageous option when a decision is made.

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a medium or large company.

Risk-Free

Refers to an investment that is considered to have no risk of financial loss.