Question

Identify the three uses of money and give an example of each.

Can anyone help with this? Thanks.

Answer 1

medium of exchange - you can buy stuff with it

store of value - you can save it up and buy stuff with it later

measure of value - you can say that your parent's how was worth $200K before the crisi

Answer 2

^^

Answer 3

The main uses of money are as a medium of exchange (you have something I want so I give you money), a unit of account (to put a price tag on things), and a store of value (something you can keep and tomorrow will still be worth something).

Answer 4

http://www.slideshare.net/Geckos/uses-and-characteristics-of-money-presentation

Answer 5

^

Answer 6

Alright Thank you guys.

Answer 7

lol ur welcome (i was of no help)

Answer 8

welcome