Final answer:
The primary functions of money are as a medium of exchange, a store of value, and a unit of measure. The option 'status symbol' is NOT a primary function of money; hence (d) is the correct answer.
Step-by-step explanation:
The primary functions of money are medium of exchange, store of value, and unit of measure. Money is crucial for facilitating transactions, as it allows people to purchase goods and services without bartering. As a medium of exchange, it simplifies transactions by providing a universally accepted form of payment. Money also serves as a store of value, which means you can save it now and it will retain its worth for future use, despite some loss of buying power due to inflation. Furthermore, as a unit of measure, money provides a consistent method to account for the value of different goods and services.
Now, to identify which of the provided options is not a primary function of money, we can analyze that all but one are recognized as key functions. Options (a), (b), and (c) are the well-established primary functions. However, (d) status symbol is not considered a primary function of money in the economic context. Therefore, the correct answer to the question, 'Which of the following is NOT a primary function of Money?' is (d) Status Symbol.