Question

which of the following is the secondary function of money​

Answer 1

Explanation:

Money facilitates lending and borrowings, because the borrowings are in the form of money and the repayment are also in the form of money. Due to general acceptability, stability of value compared to other goods, durability etc., money acts as a standard of deferred payments. Money works as a store of value.

Answer 2

Answer:

They are medium exchange and measure of value. Secondary functions include standard of deferred payments, store of value and transfer of value.