Which one is not a function of money? (1) Transfer of value (2) Store of value (3) Price stabilization (4) Value measurement

1 Answer

Answer :

(3) Price stabilization Explanation: Generally, economists have defined four types of functions of money which are as follows: (i) Medium of exchange (transfer of value) (ii) Measurement of value, (iii) Standard of deferred payments, and (iv) Store of value. Price stabilization is a function of monetary policy.

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