Question

What is the meaning of money and what are the functions of money?

Answer 1

money is a paper which has value more than a ordinary paper

money is used to live and buy things

Answer 2

Money is the means of paying or buying something in the form of notes and coins

Functions of money are :-

♥ A Medium of Exchange

♥ A Measure of Value

♥ A Store of Value

♥ The Basis of Credit

♥ A Unit of Account

♥ A Standard of Postponed Payment

Hope it helps ✌

Shreya ❤