Which of the Following Functions of Money Enables Society to Gain

question 10

Multiple Choice

Which of the following functions of money enables society to gain the benefits of geographic and labor specialization?

• A) Unit of account
• B) Store of value
• C) Medium of exchange
• D) Medium of deferred payment

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Definitions:

Caregiver

A person who looks after the needs of someone who is unable to care for themselves, often due to factors like age, illness, or disability.

Secure Attachment

A deep and enduring emotional bond that connects one person to another across time and space, typically seen in child-caregiver relationships.

Characteristics

Distinctive traits, qualities, or properties that identify and distinguish individuals, groups, or things.

Caregiver

An individual who provides care and support to someone who is aged, disabled, or suffering from chronic illness, often a family member or professional aide.