Social Sciences, asked by moorthisauto1983, 6 months ago

What are the functions of Money? and
explain it.​

Answers

Answered by Anonymous
2

Answer:

In Money and the Mechanism of Exchange (1875), William Stanley Jevons famously analyzed money in terms of four functions: a medium of exchange, a common measure of value (or unit of account), a standard of value (or standard of deferred payment), and a store of value.

Answered by sravyakrishna73
1

Answer:

Money serves several functions:

Explanation:

a medium of exchange

a unit of account

a store of value

and a standard of deferred payment

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