Economics 2281 · O Level · Money and banking

Money and banking — practice question

One of the functions of money is to act as a measure of value. What is meant by this?

  • AMoney allows people to borrow and lend.
  • BMoney allows people to save their surplus income.
  • CMoney is used to buy goods and services.
  • DMoney is used to compare the worth of different goods and services.

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