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31 August, 09:28

Which function allows money to be used to make purchases

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  1. 31 August, 09:59
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    The function that allows money to be used to make purchases is unit of account.

    Explanation:

    There are four functions of money namely; a unit of account, a store of value, a medium of exchange and a standard of differed payments. Money is a unit of account because it can be used to determine the value of goods and services. Using money will allow buyers and sellers make purchases and sales independently. A unit of account is divisible, fungible and countable.
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