Economy, asked by birbalbarman436, 5 hours ago

mention one important function of money?​

Answers

Answered by nakshgarg606
5

Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions.

Answered by AshmitaSengupta
2

Answer:

Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment OR Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions.

EITHER ONE YOU CAN WRITE. BOTH ARE CORRECT ONLY THE WRITING PATTERN IS DIFFERENT.

hope it helps

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