Medium of exchange unit of account and store of value nbspa


Recall in class that we mentioned money serves three roles: Medium of exchange, Unit of Account and Store of Value.  A. If an IPhone was equal to 3 bananas and 6 basketballs and 2 hats and 2.5 DVD's.  How many DVD's is an IPhone equal to?

 

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Business Management: Medium of exchange unit of account and store of value nbspa
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