Which of the following functions is performed by money-

CA Foundation · Business Economics · MTP · June 2024
Which of the following functions is performed by money-
(A) A. Medium of exchange, price control, store of value
(B) B. Unit of account, store of value, provide yields
(C) C. Medium of exchange, unit of account, store of value
(D) D. Medium of exchange, unit of account, income distribution

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Medium of exchange, unit of account, store of value

Topics: Price Determination in Different Markets

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