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Economics (AS & A Level) · May / June 2022 · Paper 12 · Question 4

9708Money and banking

Four students have to complete a table showing the functions of money. Which student is correct?

  1. Amedium of exchange ✓, store of value ✓, unit of account ✓
  2. Bmedium of exchange ✓, store of value ✓, unit of account ✗
  3. Cmedium of exchange ✗, store of value ✓, unit of account ✓
  4. Dmedium of exchange ✓, store of value ✗, unit of account ✓

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Correct answer: A. medium of exchange ✓, store of value ✓, unit of account ✓

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