Money functions as a unit of account, a medium of exchange, and a store of value.

Name: Money functions as a unit of account, a medium of exchange, and a store of value.
Brand: Quizplus
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Money serves as a unit of account by providing a common standard to measure the value of goods and services. It also functions as a medium of exchange by being widely accepted as payment for goods and services. Lastly, it acts as a store of value by allowing people to save and accumulate wealth over time.

Money Functions as a Unit of Account, a Medium of Exchange