The primary functions of money are

store of value and standard of deferred paymentCorrect answerYour answermedium of exchange and unit of accountCorrect answerYour answermedium of exchange and store of valueCorrect answerYour answerunit of account and standard of deferred paymentCorrect answerYour answer

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CorrectNot quiteAnswer B

Correct answer: B

Money must first be accepted in exchange and measure value; storing value and settling future payments follow from these.

Concept: Primary and secondary functions
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The rule this testsFunctions of money

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The primary functions of money are

Explanation