Which of the following is NOT a function of money?(1 point)

Question

Responses

Currency exchange
Currency exchange

Medium of exchange
Medium of exchange

Store of value
Store of value

Unit of account

Answer 1

The option that is NOT a function of money is Currency exchange.

The main functions of money are:

1. Medium of exchange - facilitating transactions.
2. Store of value - maintaining purchasing power over time.
3. Unit of account - providing a standard measure of value for goods and services.

Currency exchange refers to the conversion of one currency into another, which is a process that involves money but is not itself a fundamental function of money.