iceadelyn iceadelyn

10-07-2024
Business

Answered

Match each example with the function of money that it illustrates.

A. You pay your college tuition bill. [Choose]
B. You comparison shop for a new iPad. [Choose]
C. Your parents save for their retirement. [Choose]

Answer :

GinnyAnswer GinnyAnswer

10-07-2024

Final answer:

Money functions as a medium of exchange, unit of account, and store of value in various financial transactions.

Explanation:

Medium of exchange: You pay your college tuition bill. Money is used to pay for services like education.

Unit of account: You comparison shop for a new iPad. Money helps in comparing the value of different goods and services.

Store of value: Your parents save for their retirement. Money allows for saving and storing value for future use.

Learn more about Functions of money here:

https://brainly.com/question/14253896

Answer Link

Other Questions

The use of norepinephrine would be contraindicated for which of the described clinical conditions?O Septic shock.O Cardiogenic shock.O Hypovolemic shock.O Resis

Which of the following refers to statistical data related to the population?A. Bureau of Labor StatisticsB. Data analysisC. DemographicsD. Electronic Medical Re

Suppose you need a spreadsheet application. When shopping for the right one, what is the most important factor to consider?A. The operating system platformB. Th

Which country established trade relations with Japan?A. Holland B. England C. Germany D. Spain

Assume that on [tex]$50\%$[/tex] of days, Camila rides her bike, and on [tex]$20\%$[/tex] of days, Camila goes running. Treat running and biking as mutually exc

1. Te lo dije _____ de que supieras la verdad. a) afín b) a fín c) afin d) áfin e) a fin 2. Ese hombre es un _______________. a) sin vergüenza b) sin verguenza

Select the correct answer.Clarissa's sister makes weekly installment payments for a motorized scooter she purchased from a friend. She purchased the motorized s

In the context of domain expansion in mathematics, which of the following statements best describes the concept of expanding a function's domain?A) Domain expan

Which of the following industries is least likely to use personality theories and testing in their day-to-day operations? A figure using a laptop. Technology A

A 0.2-m-long and 25-mm-thick vertical plate (k =1.5 W/m∙K) separates the hot water from the cold air at 2°C. The plate surface exposed to the hot water has a te