Answered

Match the items.

What is money?

1. A medium of exchange
2. A measure of value
3. A store of value

a. Money simplifies the exchange process because it's a means of indicating how much something costs.
b. To use money to buy the goods and services you want.
c. People are willing to hold onto it because they're confident that it will keep its value over time.



Answer :

GinnyAnswer

Final answer:

Money serves as a medium of exchange, store of value, and unit of account in an economy.


Explanation:

Money serves as a medium of exchange, allowing goods and services to be traded with ease. Moreover, it acts as a store of value, enabling individuals to hold onto money with the confidence that it will retain its worth over time. Additionally, money functions as a unit of account, providing a consistent measure for the value of goods and services.


Learn more about Money functions in an economy here:

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