1. Medium of Exchange, Unit of Account, Store of Value
2. Store of Value
3. Store of Value
4. None of them
money is used as an intermediary in trade and has two groups of functions, namely:
a. original function
Money as a medium of exchange to make it easier for us to get an item. That way, we can save time and energy because we only need to exchange money to buy necessities. Money as a measuring tool is able to determine the value of an item. For example, the price of a ruler that Teddy will buy is $3,000, indicating that Teddy only paid $3,000 to get a ruler.
b. Derivative function
Money as a means of payment is different from money as a medium of exchange. The meaning here is when money is paid without being exchanged for any goods/services. For example, paying taxes. Money as a price indicator has different values, for example the price of 1 kg of oranges is $8,000 while the price of apples is $9,000. Money as a means of paying debts is used to pay off debts. Money as a means of hoarding wealth can be used when there is a sudden need.
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