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What Are The Three Main Purposes Of Money?

January 24, 2024 by Emily Lee

What Are The Three Main Purposes Of Money? To summarize, money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange. What are the 3 functions of money quizlet? The three functions of money are: Medium of exchange, unit of account, and

What Do You Call The Amount Of Money That Is Paid For A Good Or Service?

January 24, 2024 by Ahmed Ali

What Do You Call The Amount Of Money That Is Paid For A Good Or Service? Price. The amount that people pay when they buy a good or service. Producers. People who use resources to make goods and services. Profit. What is the amount of a good or service called? What a buyer pays for