akasharora 380 Questions 12 Answers 0 Best Answers 400 Points View Profile0 akasharora Asked: April 28, 20202020-04-28T10:57:34+05:30 2020-04-28T10:57:34+05:30In: MoneyWhat are the 3 Uses of Money?0 What are the 3 Uses of Money?importance 'money uses1 AnswerVotedOldestRecentshrutiarora777 2 Questions 746 Answers 0 Best Answers 1k Points View Profile shrutiarora777 Added an answer on April 28, 2020 at 12:34 pm Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment. ShareFacebook
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Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.