Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

A table showing the functions of money has to be completed by four students. Which student is right?

  • AStudent A: medium of exchange ✓, store of value ✓, unit of account ✓
  • BStudent B: medium of exchange ✓, store of value ✓, unit of account (blank)
  • CStudent C: medium of exchange (blank), store of value ✓, unit of account ✓
  • DStudent D: medium of exchange ✓, store of value (blank), unit of account ✓

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI