All of these are functions of money, EXCEPT defence against inflation. Hence, option C is correct.
What is inflation?
Inflation is the increase in the after the certain period of time. It is, consisting of the overall increase in the price of all the commodities.
Living in the country or surviving in the particular way becomes expensive at the time of inflation. Inflation can cause the high level of the dependency of money to the government as the middle class family face problems due pt increase in price.
The most afflicted groups by inflation are the poor and those on tight budgets. Borrowers and investors in stocks, properties, and commodities benefit from inflation.
Thus, option C is correct.
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