write any three functions of money
Answers
Answered by
0
To summarize, money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange.
Answered by
0
Answer: money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange.
Explanation: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.
Similar questions