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28 November, 09:41

Money has a predetermined value. This means that it serves as

A. a store of value.

B. a unit of account.

C. a medium of exchange.

D. a commodity.

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Answers (2)
  1. 28 November, 10:38
    0
    Money has a predetermined value. This means that it serves as a medium of exchange. The correct answer for the question above is letter C. Money is a form of coins and banknotes which is used in all parts of the world.
  2. 28 November, 12:25
    0
    C. a medium of exchange
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