question 3 of 10\nwhat are the functions of money?\na. a storehouse of value\nb. a form of bartering\nc. a…

question 3 of 10\nwhat are the functions of money?\na. a storehouse of value\nb. a form of bartering\nc. a measure of debt\nd. a unit of account\ne. a medium of exchange

question 3 of 10\nwhat are the functions of money?\na. a storehouse of value\nb. a form of bartering\nc. a measure of debt\nd. a unit of account\ne. a medium of exchange

Answer

Brief Explanations:

Money serves three main functions. It is a store of value (A), meaning it can hold purchasing power over time. It is a unit of account (D), providing a common measure for the value of goods and services. It is also a medium of exchange (E), facilitating transactions between buyers and sellers. Bartering (B) is an exchange without money. A measure of debt (C) is not a primary function of money.

Answer:

A. A storehouse of value, D. A unit of account, E. A medium of exchange