Which Function(S) Of Money Informs The Consumer What Currency To Use To Obtain A Good Or Service?

2739 users searched for this homework answer last month and 45 are doing it now, let’s get your homework done.

This Top Homework Answer is High School level and belongs to the Business subject.

This answer got 80 “Big Thanks” from other students from places like Dunlap or Monterey.


Which function(s) of money informs the consumer what currency to use to obtain a good or service?


The third function explains that money is a medium of exchange. It means that it is better to use the money used in the country itself to gain better service because it would provide better protection. Costumers would be more satisfied if the business would accept the money they have and it would be safer and mutually good for both if the customer would transact using the currency country’s currency.Source: https://www.stlouisfed.org/education/economic-lowdown-podcast-series/episode-9-functions-of-money

Students are also searching for

  • simplify (4x − 6) + (5x + 1).
  • which best describes the civil liberties guaranteed by the bill of rights?
  • which quantity can be calculated using the equation e = mc2?

If you have more homework to do you can use the search bar to find the answer to other homework: 50 have done it today and 20 in the last hour.

Help your mates do their homework and share Top Homework Answers with them, it’s completely free and easy to use!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.