Which are functions of money select the three correct answer one point store of v a l u e produces or resources unit of account meeting of exchange record of finance unit of output
The three correct functions of money are:
1. Store of value: Money acts as a medium to store value over time. It allows individuals to save their economic resources for later use.
2. Medium of exchange: Money serves as a widely accepted medium for buying and selling goods and services. It facilitates the exchange of goods and services in the economy.
3. Unit of account: Money provides a common unit of measurement for expressing the value of goods, services, and resources. It enables individuals to compare the relative worth of different items and determine prices.