Economy, asked by Kherrahul720, 15 days ago

what is money ? and what is function of the money?

Answers

Answered by MizBroken
7

Explanation:

As stated above, money primarily functions as a medium of exchange. However, it also has developed secondary functions that derive from its use as a medium of exchange. These other functions include: 1) a unit of account, 2) a store of value, and 3) a standard of deferred payment.

♡──━━━━━━⊱✿⊰━━━━━━──♡

 \huge \pink{✿} \red {C} \green {u} \blue {t} \orange {e}  \pink {/} \red {Q} \blue {u} \pink {e} \red {e} \green {n} \pink {♡}

Answered by Elsaluraine
6

Answer:

As stated above, money primarily functions as a medium of exchange. However, it also has developed secondary functions that derive from its use as a medium of exchange. These other functions include:

1) a unit of account,

2) a store of value, and

3) a standard of deferred payment.

Explanation:

hope it helps you !!!!!

Similar questions