Role of Money

Question 1

Function

Answer 1

buy a good or service

Question 2

Store of money

Answer 2

save it
spend it whenever
amount never changes

Question 3

legal tender

Answer 3

any amount

money has to be accepted anywhere

Question 4

means of exchange

Answer 4

allows to trade

Question 5

What is money?

Answer 5

money is used to pay for a good or service and to pay people for their work