Question

match the items.
what is money?
a. money simplifies the exchange process because its a means of indicating how much something costs.
b. to use money to buy the goods and services you want.
c. people are willing to hold onto it because theyre confident that it will keep its value over time.

1. a medium of exchange
2. a measure of value
3. a store of value

Explanation:

• A medium of exchange: This means money is used to buy goods and services. So, it matches with option b.
• A measure of value: It indicates the cost of something. So, it matches with option a.
• A store of value: People hold onto it as it retains value over time. So, it matches with option c.

Answer:

1. b. To use money to buy the goods and services you want.
2. a. Money simplifies the exchange process because it's a means of indicating how much something costs.
3. c. People are willing to hold onto it because they're confident that it will keep its value over time.