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    Question

    Which of the following is NOT a function of

    money? 
    A Standard of deferred payments Correct Answer Incorrect Answer
    B Measure of value Correct Answer Incorrect Answer
    C Medium of exchange Correct Answer Incorrect Answer
    D Problem in storage Correct Answer Incorrect Answer

    Solution

    Problem in storage. Key PointsTraditional functions of money are generally classified as: Medium of Exchange: Money is used for buying and selling goods and services. Unit of Account: Money is used to measure the value of goods and services

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