Which of the Following Is a Primary Function of Money

question 408

Multiple Choice

Which of the following is a primary function of money?

• A) to serve as a unit of account
• B) to serve as an encouragement to work
• C) to reduce the burden of excessive imports
• D) to raise funds for the government

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Definitions:

Grit

The quality that enables people to work hard and sustain interest in their long-term goals.

Business Failures

Instances where companies cease operations due to their inability to generate sufficient revenue or manage their costs effectively.

Emotions of Failure

The range of feelings experienced after a perceived lack of success, including disappointment, frustration, and discouragement.

Avoid Failure

Strategies or measures taken to prevent unsuccessful outcomes in business or personal endeavors.