Which of the Following Is Not a Function of Money

question 96

Multiple Choice

Which of the following is not a function of money?

• A)Medium of exchange
• B)Income generation
• C)Standard of value
• D)Store of value

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Definitions:

Subsidy Benefit

Financial assistance granted by the government or a public body to support businesses, industries, or individuals, leading to lower costs or more favorable conditions.

Marginal Tax Rate

The rate at which the last dollar of taxpayers' income is taxed, indicating how much tax will be paid on an additional dollar of income.

Tax Liability

The total amount of tax owed to the government by an individual, corporation, or other entity for a given period.

Taxable Income

Taxable income is the amount of income subject to tax, after all deductions and exemptions have been accounted for.