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To function as money, an asset must have the function of I. Having no inflation II. Being a store of value III. Being a medium

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To function as money, an asset must have the function of I. Having no inflation II. Being a store of value III. Being a medium of exchange I only II only III only II and III I, II, and III QUESTION 54 Financial markets are needed to transfer funds From surplus units (typically firms) to deficit units (typically individuals) From surplus units (typically individuals) to deficit units (typically firms) From deficit units (typically firms) to surplus units (typically individuals) From deficit units (typically individuals) to surplus units (typically firms)

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