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You pay for cheese and bread from the deli with currency. which function of money does this best illustrate? a. unit of account b. liquidity c. store of value d. medium of exchange
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Oct 5, 2019
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You pay for cheese and bread from the deli with currency. which function of money does this best illustrate?
a. unit of account
b. liquidity
c. store of value
d. medium of exchange
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Leo Correa
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The above example of buying cheese and bread best illustrates money's function as:
D. Medium of Exchange
By exchanging currency, you were able to buy food products from the deli. This is one of the most powerful functions of money.
Hope this helps!
MrbTT
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Oct 10, 2019
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