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mart [117]
3 years ago
11

Which one of the following is not a function of​ money? A. Medium of exchange. B. Store of value. C. Open market operation. D. U

nit of account. If something is to be considered as​ money, it has to fulfill ▼ only the medium of exchange function any three functions all four functions .
Business
1 answer:
Lisa [10]3 years ago
3 0

Answer:

The correct answer is C

Explanation:

Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.

In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.

Therefore, the one which is not the function of money is that it has the operations in the open market.

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What type of spending depends primarily on these three factors: the interest rate, the expected future level of real GDP, and th
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George secured an adjustable-rate mortgage (ARM) loan to help finance the purchase of his home 5 years ago. The amount of the lo
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$1,680

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Download pdf
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Which group of government financial statements reports all revenues and all costs as well as all assets and liabilities of the g
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Government-wide financial statements.

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