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Which one of the following is not a function of​ money? A. Medium of exchange. B. Store of value. C. Open market operation. D. Unit of account. If something is to be considered as​ money, it has to fulfill ▼ only the medium of exchange function any three functions all four functions .

Respuesta :

Answer:

The correct answer is C

Explanation:

Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.

In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.

Therefore, the one which is not the function of money is that it has the operations in the open market.

Tundexi

Open market operation is not one of money function.

Money is any commodity recognized and accepted by people as a medium of economic exchange for setting transaction, paying of debt, storing value etc

  • In other word, Money is acceptable by "all" and its includes bank money, Commodity money and Fiat money.

  • Money as a Unit of account means it is a unit of measurement of market value for goods and services.

  • Money is used as a Medium of exchange as well as Store of value over a period of time.

In conclusion,  Open market operation is not one of the function a Money serves because its basically an activity performed by a central bank improve its currency.

Learn more about Money here

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