Which of the Following Is a Function That Money Serves

question 196

Multiple Choice

Which of the following is a function that money serves?

• A)medium of exchange
• B)unit of account
• C)store of value
• D)All of the above are correct.

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Definitions:

Outcomes

The results or consequences of an action, process, or scenario.

Special-Interest Effect

Any political outcome in which a small group (“special interest”) gains substantially at the expense of a much larger number of persons who each individually suffers a small loss.

Government Policy

refers to the actions taken by a government to address issues or achieve goals, which may involve regulations, laws, or spending priorities.