Question

explain four major functions of money​

Answer 1

Money acts as a unit of exchange
_ money is the unit of exchange. It can be used to buy and sell goods anywhere in any part of the world.
Money as a stock of value
_ it is easy to store money for a long period of time rather than storing goods and commodities.
Money as a measuring rod
_ money acts as a measuring rod. Any good or commodity can be bought from money and money of any country can be converted into rupees.
Liquidity of money
_money can be used in any country. Basically in any part of the world.