When you use currency to buy lunch,money is performing which function?
A)Store of value
B)Barter token
C)Unit of purchase
D)Unit of currency
E)Medium of exchange

Question

Quizplus · Accepted Answer

When currency is used to buy lunch, it is acting as a medium of exchange, allowing individuals to trade goods and services without the need for bartering or other means of trade. Choices A, C, and D are also functions of money, but they do not specifically apply to this situation. Barter tokens are not a function of money.

When You Use Currency to Buy Lunch,money Is Performing Which