Money acts as (1) a medium of exchange—enabling the purchase of goods and services, (2) a store of wealth—the ability to delay purchase yet maintain wealth, and (3) a unit of account—the assignment of a monetary value to goods and services permitting a comparison of relative value, ...
百度试题 结果1 题目What are the main functions of money? A. amedium of exchange B. aunit of account C. astore of value D. astandard of deferred payment 相关知识点: 试题来源: 解析 A,B,C,D 反馈 收藏
What are the three functions of money? Which functions is the most important?Functions of MoneyThe term money is used to describe anything that is a legal tender and with general acceptance in the exchange of products and services in economic transactions. The adoption of money...
The functions of money are to serve as a means of payment (medium of exchange), a unit of account, and a store of value.The most important function of money is to serve as a means of payment (medium of exchange). Thus, it is critical that money is generally accepted to make ...
百度试题 题目What are the main functions of money?A.a medium of exchangeB.a unit of accountC.a store of valueD.a standard of deferred payment 相关知识点: 试题来源: 解析 A,B,C,D 反馈 收藏
问答题What are the three major functions of money Describe how drastic inflation can undermine the ability of money to perform these three basic functions. 参考答案:Money acts as (1) a medium of exchange—enabling the purchase... 点击查看完整答案 ...
百度试题 题目中国大学MOOC: What are the main functions of money?相关知识点: 试题来源: 解析 the medium of exchange the unit of account the store of value反馈 收藏
The functions of money Money has three main functions: First, it is a medium of exchange. Second, it is a unit of account. And third, it acts as a store of value. Every element of society uses money as a medium of making exchanges. For example, producers sell their goods to wholesale...
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the medium of exchange;the unit of account;the store of value