Question:
What other functions does Money serve as well?
Author: go kysAnswer:
-Measure of Value: Value given to example Barrel of Oil measured in US Dollars -Store of Value: Person who gets a set wage may wait to purchase something if they believe its value will be maintained. -Standard of Deferred Payment: Money can be paid at later date for something consumed / used now. For example University Fee.
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go kys![go kys](https://lh5.googleusercontent.com/-VcvAufixQC8/AAAAAAAAAAI/AAAAAAAAAAA/AMZuuclTgbVcwbkN34cKx-XDycscqf7VNg/s96-c/photo.jpg)