All of these are functions of money EXCEPT
A) medium of exchange.
B) unit of account.
C) store of value.
D) defense against inflation.

Question

Quizplus · Accepted Answer

While money can serve as a medium of exchange, a unit of account, and a store of value, it cannot serve as a defense against inflation. In fact, inflation can actually decrease the value of money over time, making it less effective as a store of value.

All of These Are Functions of Money EXCEPT