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

  • A unit of account
  • B store of value
  • C medium of exchange
  • D standard of deferred payment
jamb 2010economics

The correct answer is C. medium of exchange

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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