When you buy a taco for breakfast, you are using money as a question 12 options:

a. store of value.

b. medium of exchange.

c. unit of accounting.

d. standard of deferred payment. save?

Question

Business

Colin Mckenzie

17 February, 08:25

When you buy a taco for breakfast, you are using money as a question 12 options:

a. store of value.

b. medium of exchange.

c. unit of accounting.

d. standard of deferred payment. save?

+3

Answers (1)

Know the Answer?

Melina Carson · Answer 1

The medium of exchange, one of the 3 functions of money, together with the unit of account and the deposit of value. Money as a means of exchange is a tool to get different parties to trade. Transactions that use a medium of exchange are more efficient than those that are made by barter.

When you buy a taco for breakfast, you are using money as a question 12 options:a. store of value.b. medium of exchange.c. unit of accounting.d. standard of deferred payment. save?

When you buy a taco for breakfast, you are using money as a question 12 options:

a. store of value.

b. medium of exchange.

c. unit of accounting.

d. standard of deferred payment. save?