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Which one is not a function of money ?
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- Transfer of value
- Store of value
- Price stabilisation
- Value measurement
- Transfer of value
Correct Option: C
Generally, economists have defined four types of functions of money which are as follows: (i) Medium of exchange (transfer of value) (ii) Measurement of value, (iii) Standard of deferred payments, and (iv) Store of value. Price stabilization is a function of monetary policy.