Which of the Following Is NOT One of the Functions

question 109

Multiple Choice

Which of the following is NOT one of the functions of money?

• A) medium of exchange
• B) protection from increases in prices of goods and services
• C) unit of accounting
• D) store of value

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Definitions:

Federal

Pertaining to the national level of government, as opposed to state or local jurisdictions, involving policies, laws, and regulations applicable to the entire nation.

Chapter 7

A type of bankruptcy that involves the liquidation of a debtor's assets to pay off creditors.

Means Test

A method used to determine an individual's eligibility for certain types of government assistance or legal aid, based on their financial resources.

Debtor

An individual or entity that owes money to another; the party with a debt obligation.