Medium of exchange

Nowadays hardly any ekonomy can do without the basic medium of exchange money. Money enables people to exchange goods and services for other commodities – to make transactions.

Store of value

Money also serves as a store of value. It can be kept for spending at a later date. At home money loses value because of inflaction, so i tis Berger to deposit financial assets with
a bank or some other thrift institution. The money deposit then pays its owner interest. Money can also be stored in other forms of assets, the portfolio:securities, shares or bonds. this form of stotiny wealth in the formo f different investments is quite popular as people
to diversify the risk.

Unit of account

In its third main jo bor function, money works as a unit of account – it becomes a measure
of value. It enables us to compare the value of various goods and services. from the price of the goods we knot, for example, that 10 personal computers may have the same value
as one automobile.