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Which of the following function does money serve when used to purchase or sell different goods andservices?

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Question:

Which of the following function does money serve when used to purchase or sell different goods andservices?

A.

Store of value

B.

Medium of exchange

C.

Standard of value

D.

Display of power

Answer» b. Medium of exchange

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