Sign In
Ask Question
Matthew
Engineering
6 April, 05:10
What are the functions of money?
Money is money
+1
WhatsApp
Telegram
Twitter
Answers (
2
)
Andres Petersen
6 April, 05:15
0
Answer and explanation:
Money covers three functions: unit of account since it measure in numeric values what goods and services are worth; store of value which implies accumulating money increases individuals' and organizations' wealth; and, medium of exchange because it facilitates transactions between buyers and sellers through a common currency accepted by the two of them.
Comment
Complaint
Link
Elliot Mack
6 April, 05:24
0
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
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What are the functions of money? Money is money ...”
in 📗 Engineering if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The power supply converts the wall outlet AC power into DC power. T or F
Answers (1)
What is the lehr and what purpose does it serve?
Answers (1)
Select the statement that is false. A. If two graphs G and H are isomorphic, then they have the same total degree. B. If two graphs G and H have the same degree sequence, then G and H are isomorphic. C.
Answers (1)
Which 2 items are most similar and why? Graduated Cylinder, Measuring Cup, Beaker
Answers (1)
Who here is a genius?
Answers (2)
New Questions in Engineering
2. How can manual SA welding gun movement be performed?
Answers (1)
The format_address function separates out parts of the address string into new strings: house_number and street_name, and returns: "house number X on street named Y".
Answers (1)
A hard real-time system has been developed to for a fly-by-wire aviation system. It has sensors for the following pilot interface systems: System Sampling Frequency (Hz) CPU time required (ms) Yoke 20 5 Rudder pedals 15 2 Throttle 10 1 Overhead of
Answers (1)
An insulated rigid tank of volume 8 m3 initially contains air at 600 kPa and 400 K. A valve connected to the tank is opened, and air escapes until the pressure inside the tank is 200 kPa.
Answers (1)
Eutectic product in Fe-C system is called A. Pearlite B. Bainite C. Ledeburite D. Spheroidite
Answers (1)
Home
»
Engineering
» What are the functions of money? Money is money
Sign In
Ask Question
Menu
Calculator
Subjects
History
English
Mathematics
Biology
Physics
Chemistry
Geography
Social Studies
Business
Law
Arts
SAT
Advanced Placement (AP)
Computers & Technology
Engineering
Sign In
close
Sign In
Sign Up
Forgot Password?