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Which of the following is a function of money?
(A)Used as a store of value
(B)Used as a measure of value
(C)Used as a medium of exchange
A, B and C
B and C
Only C
A and B
- A function of money includes being a store of value.
- Money can preserve value over time.
- Money is used as a measure of value.
- It helps assess and compare the worth of goods and services.
- Money serves as a medium of exchange.
- It facilitates the buying and selling of goods and services.
- Option 1: A, B, and C.
- All three functions of money are included.
- This is the correct option.
- Option 2: B and C.
- Only includes measure of value and medium of exchange.
- Option 3: Only C.
- Includes only medium of exchange.
- Option 4: A and B.
- Includes store of value and measure of value.
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