a medium of exchange.

Name: a medium of exchange.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

All three functions of money are important in facilitating trade and commerce. Money serves as a unit of account to measure the value of goods and services, a store of value to save purchasing power over time, and a medium of exchange to enable transactions between parties. Without any of these functions, trade and commerce would be much more difficult and inefficient. Therefore, all three choices (1, 2, and 3) are the best options.

A Medium of Exchange