Question

You would like to exchange your new bookbag for your friend's Coach purse, and she's willing to make the switch. Which purpose of money does this

represent?
OA. store of value
OB. medium of exchange
portability
O D. measure of value
OC.
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Answer 1

B. Medium of Exchange

Step-by-step explanation:

The purpose of money that is represented in this scenario is medium of exchange. Money serves as a medium of exchange when it is used to facilitate the exchange of goods or services between parties. In this scenario, the bookbag and the Coach purse are being exchanged using money as the intermediary.