Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

The table sets out the functions of money and the main advantage that each one gives. Which function of money is paired correctly with its main advantage?

  • Amedium of exchange - permits a system of credit to operate
  • Bstandard of deferred payment - encourages the accumulation of funds for future use
  • Cstore of wealth - overcomes the drawbacks of the barter system
  • Dunit of account - allows the relative value of goods to be compared

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