explain the functions of money
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Explanation:
Money as a medium of exchange enables a person to buy or sell at different points of time.
It has separated the acts of sale and purchase.
A buyer can buy goods through money, and the seller can sell goods for money.
Thus, buyers and sellers of goods/ services can solve their purposes with the help of money by using it as a medium of exchange.
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Answer:Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange. ... Additionally, the value of money must remain stable over time.
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