tempting synonym

Sun, 10 May 2026 13:06:37 +0000

The main functions of money are: Medium of exchange: Money serves as a standard unit of account that facilitates transactions by allowing goods and services to be exchanged for a. Money serves several key functions in an economy. These functions are essential to the smooth operation of trade, investment, and economic development. The key functions of money are:. Money is defined best by what money does. Money in its various forms fulfils various key functions including a medium of exchange, a unit of account, a store of value and a standard of. Barter is a system of trade and exchange where goods and services are directly exchanged for other goods and services without the use of money. It is a traditional method of.