The Functions of Money Are

question 5

Multiple Choice

The functions of money are

• A)medium of exchange,unit of account,and store of value.
• B)medium of exchange,the ability to buy goods and services,and the ability to pay off debts.
• C)medium of exchange,the ability to buy goods and services,and checking accounts.
• D)credit cards,checking accounts,currency,and coins.
• E)store of value,use as a barter mechanism,and unit of account.

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Definitions:

Semantics

The branch of linguistics concerned with the meaning of words, phrases, and sentences in language.

Characters

Symbols used in writing that represent sounds or ideas, or individuals in a story, play, or other narrative works.

Messages

Units of communication intended to convey information, ideas, or feelings from one entity to another.

Developing Concepts

The process of creating, refining, and articulating new ideas, theories, or principles in a field of study.