Saved Bookmarks
| 1. |
Explain the three roles money can play in an economy. (medium of exchange, measure of value, store of value) |
|
Answer» Answer: Functions of Money Money has three primary functions. It is a MEDIUM of EXCHANGE, a unit of ACCOUNT, and a store of VALUE: ... Unit of Account: It is a standard numerical unit of measurement of MARKET value of goods, services, and other transactions. Explanation: hope it will help you |
|