If Joe buys a coffee at Starbucks, his money serves as a

Name: If Joe buys a coffee at Starbucks, his money serves as a
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Joe's money is serving as a medium of exchange - it is being used to purchase a good or service (coffee in this case). The other options - unit of accounting, standard of deferred payment, and store of value - do not apply in this scenario as Joe is not using his money for those purposes.

If Joe Buys a Coffee at Starbucks, His Money Serves