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Which of the following is not a function of money?

A

Medium of exchange

B

Store of value

C

Standard of deferred payment

D

A hedge against inflation

 
 
 

mayank ranka , 4 Years ago
Grade 12th pass
anser 1 Answers
Rituraj Tiwari

Last Activity: 4 Years ago

Money refers to a common medium of exchange that is issued under the law of government and acts as a legal tender for the whole country. The functions of money can be classified into two categories:
1. Primary function: The primary function of money includes money as a medium of exchange and money as a measure of value.


2. Secondary function: The secondary function of money includes money as a store of value and money as a standard of deferred payment.



Therefore, power indicator is not a function of money.

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