When you pay $6 for breakfast burritos for your drive to work, you are using money as a(n)

Question

Quizplus · Accepted Answer

When you use money to purchase breakfast burritos, you are using it as a medium of exchange, meaning you are exchanging money for goods or services. Money being a store of value means it is a way to save wealth, and investment goods are assets purchased with the intent of generating income or adding value. While money can serve as a unit of account, meaning it is a way to measure the value of goods and services, this is not the case in the scenario presented.

When You Pay $6 for Breakfast Burritos for Your Drive