Which of the Following Is Not One of the Three

question 60

Multiple Choice

Which of the following is not one of the three purposes served by money?

• A) Serving as a medium of exchange.
• B) Serving as a store of value.
• C) Providing a means for regulators to track economic activity.
• D) Providing a standard of value.

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Definitions:

Big Bank

A colloquial term often used to describe very large multinational banking and financial services corporations.

Capital Contribution

The act of injecting financial resources or assets into a company or partnership by its owners or partners.

Partnership Agreement

A contractual document among partners that outlines the terms, conditions, and operational procedures of a partnership business.

Personal Loan

An unsecured loan provided by financial institutions, based on the borrower's credit history and ability to pay back, for personal use.