asked 212k views
5 votes
What three functions does money serve in the economy?

asked
User Fido
by
8.1k points

1 Answer

4 votes
it provides medium of exchange, unit of account, store of value, and standard of deferred payment

answered
User Misz
by
7.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.