In: Economics
You receive money as payment for babysitting your neighbors' children. This best illustrates which function of money? A. unit of account B. medium of exchange C. store of value D. liquidity
Answrer is option B).
Since payment has been made , since the babysitting service has been performed, thus money is used as a medium of exchange, money is used to buy the babysitting service
Thus by exchanging money, a certain service is bought