객관식
Which function of money is most directly affected by inflation?
92
views
17. The Monetary System
The Functions of Money; The Kinds of Money
객관식
What are the three functions of money?
A
Medium of exchange, unit of account, store of value
B
Medium of exchange, unit of account, standard of deferred payment
C
Medium of exchange, store of value, standard of deferred payment
D
Unit of account, store of value, legal tender
검증된 단계별 안내1
Step 1: Understand that money serves several key functions in an economy, which help facilitate trade and economic activity.
Step 2: Identify the first function: Money acts as a \(\textbf{medium of exchange}\), meaning it is widely accepted in exchange for goods and services, eliminating the inefficiencies of barter.
Step 3: Recognize the second function: Money serves as a \(\textbf{unit of account}\), providing a common measure for valuing goods and services, which helps compare prices and record debts.
Step 4: Note the third function: Money functions as a \(\textbf{store of value}\), allowing individuals to save purchasing power for future use without it losing value immediately.
Step 5: Understand that while money can also serve as a \(\textbf{standard of deferred payment}\), the three primary functions typically emphasized are medium of exchange, unit of account, and store of value.
관련 영상
관련 실천
