true or false, explain ? The functions of money Measuring the money supply When

Question

true or false, explain ?

The functions of money Measuring the money supply When Paul pays for a new bicycie with a check, he is using money as a unit or standard of account B-Mart is updating their price list and therefare using money as a unit or standard of account Joan is putting money is her savinga account to use iater for a down payment on a condo in 1 year she is using money as & medium of payment Sam writes a check to pay for his utility biwl - he is using money as a store of value Erin lives in Argentina and is buying gold as soon as she her salary. She does so because inflation is high a of value

Explanation / Answer

1) True : That is how he knows what amoint of check has to be written.

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