Functions of Money (7 Answers)
Compilation of answers on: Functions of Money! Answer 1. Functions of Money: Prof. Kinley has classified the functions of money into three groups: 1. Primary functions, 2. Secondary functions, and 3. Contingent functions. 1. Primary Functions: Primary functions include those functions of money which it performs in an economic system under all circumstances. These functions include the following: i. Medium [...]