Question

_ 14. When money is used for goods and services, it fulfills which economic function?
A. unit of value B. economic indicator C. medium of exchange D. store of value

Answer 1

Answer:

b

Explanation:

i just guessing, it help the economy

Answer 2

When money is used for goods and services, it fulfills the economic function of D. store of value

What function of money is money used for the exchange of goods and services?

Money is often described in phrases of the 3 features or offerings that it offers. money serves as a medium of exchange, a store of value, and as a unit of account. Medium of exchange. cash's maximum essential feature is as a medium of trade to facilitate transactions.

Fiat money is cash that some authority, generally a central authority, has ordered to be familiar as a medium of exchange. The currency—paper cash and cash—used within the united states these days is fiat money; it has no value aside from its use as cash.

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