Respuesta :

1. Medium of exchange - anything that is used to determine value during the exchange of goods

2. Unit of account - a means for comparing the values of goods and services

3. Store of value - something that keeps its value if it is stored rather than spent

marvineetesh3

The three uses of money are the medium of exchange, a unit of account, and the store of value.

What is money?

Money is the current medium of exchange in the form of paper notes or coins. It is the exchange of any goods or services, it is treated as the consideration in exchange for any goods or services.

Uses of money:

The three uses of money are:

  • Medium of exchange:

Money is anything that is applied to ascertain value during the exchange of goods, it is exchanged in relation to any goods or services.

Example: Purchase of motorcycle in exchange for money.

  • Unit of account:

Money is used as the unit of account means it is used for comparing the values of goods and services.

  • Store of value:

It is used as something that keeps its value if it is stored without investing it in any way.

Therefore, the uses of money are the medium of exchange and store of value.

Learn more about money, refer to:

https://brainly.com/question/2696748

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