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Which of the following function does money serve when used to measure the prices of different goodsand services?

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Question:

Which of the following function does money serve when used to measure the prices of different goodsand services?

A.

Store of value

B.

Medium of exchange

C.

Standard of value

D.

Display of power

Answer» c. Standard of value

Note: The above multiple-choice question is for all general and Competitive Exams in India.