Start learning →

The number of functions money must perform to be acceptable is:

A2
B4
C5
D3
Answer & Solution
Correct answer: D. 3
1. Medium of exchange is the first. 2. Standard of value and store of value complete the list. 3. So there are 3 functions. _Source: OpenStax Introduction to Business 2e, Chapter 15, Understanding Money and Financial Institutions._
Practise this question with Quill — BBI (Bachelor of Banking & Insurance) →

Keep practising Money and Financial Institutions

Browse all Money and Financial Institutions questions for BBI (Bachelor of Banking & Insurance), or explore more Finance topics.

Start a Money and Financial Institutions lesson →
Related questions