alleryWhich of these is NOT a function of modern money?
AMedium of exchange
BStore of value
CUnit of account
DSource of permanent income
Answer & Solution
Correct answer: D. Source of permanent income
1. Money serves as a medium of exchange, unit of account and store of value.
2. It is not itself a source of income; income comes from work or assets.
3. Money facilitates transactions and saves time.
_Source: syllabus Understanding Economic Development, Ch 3 "Money and Credit"_
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