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6 November, 23:15

Of money's three functions, the one that distinguishes money from other assets is:

- its function as a standard of deferred payment

- medium of exchange.

- store of value.

- unit of account.

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  1. 6 November, 23:23
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    Medium of Exchange

    Explanation:

    The main function that distinguishes money from other assets is that everybody accept the money as a medium of exchange, either for our job or to buy things that we are interested.

    Always through history the main function of money was to be a medium of exchange because at the begining money didn't exist so you needed to use different things, first salt, then precious metal and today money as we know.
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