If Joe buys a Mocha at Starbucks, his money is acting as a

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Joe's money is acting as a medium of exchange, as he is using it to purchase a good (Mocha) at Starbucks. Unit of accounting refers to a system for measuring the value of goods and services in an economy; standard of deferred payment refers to a currency that is widely accepted for settling debts; store of value refers to a means of holding and preserving wealth over time. None of these apply to the act of purchasing a Mocha at Starbucks.

If Joe Buys a Mocha at Starbucks, His Money Is