A-LevelEconomicsThe macroeconomy9708/12 · May/June 2022 · Q41 Mark
Four students have to complete a table showing the functions of money. Which student is correct?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Amedium of exchange: ✓, store of value: ✓, unit of account: ✓
Bmedium of exchange: X, store of value: ✓, unit of account: X
Cmedium of exchange: X, store of value: ✓, unit of account: ✓
Dmedium of exchange: ✓, store of value: X, unit of account: ✓
✓ Correct answer
A: medium of exchange: ✓, store of value: ✓, unit of account: ✓
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