Question

What is money? Write its function.​

Answer 1

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.

Answer 2

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