Register

When you gave your friend a fifty-dollar bill for an iPod, you used money as a standard store of value medium of exchange measure of value

When you gave your friend a fifty-dollar bill for an iPod, you used money as a standard store of value medium of exchange measure of value
157k views
3 votes
When you gave your friend a fifty-dollar bill for an iPod, you used money as a

standard

store of value

medium of exchange

measure of value

User Nneka
by
8.5k points

1 Answer

1 vote
When you gave your friend a fifty-dollar bill for an iPod, you used money as a medium of exchange.
This is because you exchanged your money for an iPod.
User Vsevik
by
8.0k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!