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Uses of Money: True or False

Yes or No

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Money: key roles in economy

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Kenya

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Uses of Money: True or False
 

Uses of Money: True or FalseOnline version

Money: key roles in economy

by regina mutua
1

Money is the sole source of physical energy for the body.

2

Money always loses value over time in any economy.

3

Money enables deferred payments and credit arrangements.

4

Money serves as a unit of account to compare values.

5

Money has no impact on prices or economic decision-making.

6

Money functions as a medium of exchange in transactions.

7

Money is used to buy goods and services.

8

Money’s primary purpose is to measure weight or mass.

9

Money acts as a store of value over time.

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