Of money's three functions,the one that distinguishes money from other assets is its function as a
A)store of value.
B)unit of account.
C)standard of deferred payment.
D)medium of exchange.

Question

Quizplus · Accepted Answer

The function that distinguishes money from other assets is its role as a medium of exchange. Money is used to facilitate transactions by serving as a widely accepted means of payment for goods and services. While money also serves as a store of value, unit of account, and standard of deferred payment, these functions can also be fulfilled by other assets such as stocks, bonds, and commodities.

Of Money's Three Functions,the One That Distinguishes Money from Other