Functions Of Money Flashcards
1
Q
Unit of account
A
Value of something being expensed in an understandable way
2
Q
Means of exchange
A
Allows goods to be traded without catering system
3
Q
Store of Value
A
Store money and save for later date
4
Q
Legal tenfer
A
Legally recognised form if payment
5
Q
Life events+ stages
A
6
Q
Culture
A
Trends
7
Q
Attitudes
A