Question 2 (1 point) Juanita runs a bakery and each morning she makes sure her register is stocked with coins and small bills in order to make change. What use of money is Juanita relying upon? O Unit of account O Medium of exchange Store of value Gold standard

Q: What are the main functions of money ?

A: Money refers to anything that is widely accepted in an economy as payment in exchange for goods and…

Q: Write an essay about: How is money created in an economy? What is ‘fiat money’ and are holders of…

A: Money functions as a store of value, a unit of account, and a medium of exchange. People are able to…

Q: 49. Why is 'fiat money,' such as paper cash, not actually money? (A) It is not gold. (B) It is not a…

A: Money is a unit of account in the economy that serves as a widely accepted medium of exchange for…

Q: Explain money, types and functions of money.

A: Human needs a variety of goods and services to sustain life but they have the skills to produce one…