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Write down any three functions of money.​

User JHP
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Final answer:

Money serves three main functions: medium of exchange, store of value, and unit of account.

Step-by-step explanation:

Money serves three main functions: as a medium of exchange, a store of value, and a unit of account.

Firstly, money acts as a medium of exchange, allowing people to easily trade goods and services without the need for bartering.

Secondly, money serves as a store of value, meaning it allows individuals to save and hold wealth over a period of time.

Lastly, money acts as a unit of account, providing a standardized measure of value for goods, services, and debts.

User Shaneburgess
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