alleryThree primary functions of money are:
AJust exchange
BHoarding only
CIssuing notes
DMedium of exchange, unit of account, store of value
Answer & Solution
Correct answer: D. Medium of exchange, unit of account, store of value
**Primary functions:**
(1) medium of exchange (facilitates transactions)
(2) unit of account / measure of value (common yardstick)
(3) store of value (savings).
**Some add:** standard for deferred payments (loans repaid in future).
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