CourseCourseConceptConceptDocsDocuments

CAIE A-Level Economics A2 9.4.1 Money Functions and Characteristics Questions

Practise matching medium of exchange, unit of account, store of value and deferred payment to transactions while separating these functions from portability, durability and…

Syllabus
2026–2028
Course
Economics 9708
Level
A2

Exam points

  • identify medium of exchange when money removes the need for a double coincidence of wants
  • identify unit of account from quoted prices and deferred payment from obligations due later
  • distinguish store of value from portability, durability, divisibility and acceptability

CAIE A-Level Economics A2 9.4.1 Money Functions and Characteristics Questions question 1

[Maximum number: 1]

A website compares the prices of groceries.
Which function of money is illustrated by this?

A

medium of exchange

B

standard of deferred payment

C

store of value

D

unit of account

All question bank results loaded