Social Sciences, asked by luckydev36972, 11 months ago

what do you mean by functioning of money

Answers

Answered by Vanshitha2004

Money is often defined in terms of the three functions or services that it provides. 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.

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Answered by trisha1260

FUNCTIONING OF MONEY REFERS TO FUNCTIONS OF MONEY:
1*it makes exchange of goods easier
2*it helps in developing economy in a better way
3*it serves as a medium of exchange

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