Macroeconomics: Principles, Problems, & Policies
Macroeconomics: Principles, Problems, & Policies
20th Edition
ISBN: 9780077660772
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 14, Problem 1RQ

The three functions of money are: LO14.1

a. Liquidity, store of value, and gifting.

b. Medium of exchange, unit of account, and liquidity.

c. Liquidity, unit of account, and gifting.

d. Medium of exchange, unit of account, and store of value.

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