The functions of money do not include
-
A.
store of value -
B.
medium of exchange -
C.
double coincidence of wants -
D.
means of deferred payment
Correct Answer: Option C
Explanation
The following are some of the functions of money
- Money as the Medium of Exchange
- Money as a Store of Value
- Money as a Measure of Value
- Money as the Standard of Deferred Payment
double coincidence of wants is a feature of barter system and a function of money.