The function of money that makes it generally acceptable is
COMMERCE
WAEC 2023
The function of money that makes it generally acceptable is
- A. unit of account
- B. store of value
- C. medium of exchange
- D. standard of deferred payment
Correct Answer: C. medium of exchange
Explanation
Money can serve as a medium through which people can exchange goods and services. Money can be used to buy different variety of goods and services. This facilitates the means of exchange.
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