Which one of the following is not a function of money?
A)medium of exchange
B)means of payment
C)store of value
D)measure of liquidity
E)unit of account

Question

Quizplus · Accepted Answer

Money is not a measure of liquidity. Liquidity refers to the ease with which an asset can be converted into cash. Money, on the other hand, is the most liquid asset and is used as a medium of exchange, means of payment, store of value, and unit of account.

Which One of the Following Is Not a Function of Money