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The function of money which makes division of labour possible is its

The function of money which makes division of labour possible is its
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Unit of account
  • B Store of value
  • C Medium of exchange
  • D Standard of deferred payment
Correct Answer: Option C
Explanation:
The most important function of money is that it serves as a medium of exchange. By serving as a convenient medium of exchange, money has made division of labour or specialization possible by being generally acceptable.

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