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At many game centers (like those at dave and buster's), kids play carnival-type games to win prize tickets. these tickets are redeemed for a variety of prizes based on the number of tickets earned. below, indicate in what ways these prize tickets illustrate the three functions of money.

a. Medium of exchange
b. Unit of account
c. Store of value
d. The tickets represent all three of the functions of money

User Ed Dunn
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Final answer:

Prize tickets at game centers serve as a medium of exchange, unit of account, and store of value by allowing players to purchase prizes, measure their value, and save tickets for future redemption.

Step-by-step explanation:

At game centers like those at Dave and Buster's, the prize tickets given for playing carnival-type games illustrate the three functions of money: medium of exchange, unit of account, and store of value.

Medium of Exchange: The tickets are used to 'buy' prizes, making them a way for customers to get what they desire without bartering goods directly. This is similar to how money is used to purchase goods and services.

Unit of Account: Tickets provide a consistent measure for valuing the prizes, just as money assigns value to goods and services making transactions clearer and more manageable.

Store of Value: Tickets can be saved and accumulated over time, which allows customers to redeem them for larger prizes later on, showing that they can hold value over time, much like saving money for a future purchase.

User Raccoon
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