Economic- When money is used to buy a computer, it is functioning as a?

Question

unit of account.

store of value.

medium of exchange.

none of the above

please help thank you

Answer 1

Medium of exchange, definitely.

Answer 2

c) medium of exchange.

If money are used to facilitate transactions them money function as medium of exchange.

Answer 3

If one classifies wealth (or human need) into two broad classes: 1) Wants consisting of goods and services and (2) Means consisting of money and money related forms of wealth, money becomes a mean and conputer becomes a want.