What is money??? And any three uses...
Answers
Answered by
12
Heya....
See here for your answer....
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Definition of money..
Money is what money does...
It is the commonly accepted instrument to act as a medium of exchange...
Uses of money...
** Money act as the medium of exchange to settle sell and purchase of the goods and services...
** Money is used to measure the value of a commodity in terms of its prices...
** Money is used to store the value for future needs...We can't store every item for future , so we kept money to purchase needs in future...
** Money set a standard for different payments,, all can be done by this...
-- Be Brainly...
See here for your answer....
===========
Definition of money..
Money is what money does...
It is the commonly accepted instrument to act as a medium of exchange...
Uses of money...
** Money act as the medium of exchange to settle sell and purchase of the goods and services...
** Money is used to measure the value of a commodity in terms of its prices...
** Money is used to store the value for future needs...We can't store every item for future , so we kept money to purchase needs in future...
** Money set a standard for different payments,, all can be done by this...
-- Be Brainly...
Answered by
4
heya...
Here is your answer...
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 amedium of exchange to facilitate transactions.
It may help you...☺☺
Here is your answer...
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 amedium of exchange to facilitate transactions.
It may help you...☺☺
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