Question

Which three things does money help people do in an economy?

hide the price of a commodity
store value
remove value
exchange commodities
increase inflation
avoid inflation
measure the value of commodities

Answer 1

store value exchange commodities
measure the value of commodities

Answer 2

Answer: Store value

Exchange commodities

Measure the value of commodities

Explanation:

A store of value: Money serves as a store of value because it can be saved, stored and retrieved. It does not depreciate.

Exchange commodities: It serves as a medium of exchange because it facilitates transaction. It is used in buying and selling of goods and services.

Measure the value of commodities: It function as a unit of account due to the fact that it is a standard numerical unit of measurement of market value of goods and services being exchanged.