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

Can anyone help with this? Thanks.

Question

Identify the three uses of money and give an example of each.

 Can anyone help with this? Thanks.

anonymous · Answer

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

anonymous · Answer

^^

beccaboo333 · Answer

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).

beccaboo333 · Answer

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

anonymous · Answer

^

anonymous · Answer

Alright Thank you guys.

anonymous · Answer

lol ur welcome (i was of no help)

beccaboo333 · Answer

welcome