Question

When you buy a taco for breakfast, you are using money as a question 12 options:

a.store of value.
b.medium of exchange.
c.unit of accounting.
d.standard of deferred payment. save?

Answer 1

The medium of exchange, one of the 3 functions of money, together with the unit of account and the deposit of value. Money as a means of exchange is a tool to get different parties to trade. Transactions that use a medium of exchange are more efficient than those that are made by barter.