Medium of Exchange

Medium of qualify is what a buyer uses to obtain either a good or assist from a seller, in most cases this is going to be m sensationy. Money is an sure medium of exchange because we know that we exit be able to obtain goods and services if we assimilate the money to purchase them. Unit of account is used to measure and al-Quran economic value. This means that we use this when the amounts will be measured in dollars and not the quantity of goods.The store of value is when someone will pass on the money that they have received for a good or service and spend it in the future on a good or service for themselves. One example of using money as a unit of account is my student loans. Right now there atomic number 18 no payments on the loans but in the future they payments will be measured in amounts of money.I do run my own transmission line making jewelry when accepting payment for my jewelry I will use store of value which means that I will cover the money that I make selling my jewelry for future purchases that I may make. I may decide to purchase more supplies or even putting the money in my savings account to urinate up. When using money as a medium of exchange the one example that comes to mind is shopping at the grocery store. This is a stain where money is the only medium of exchange and the money is always accepted for the groceries that one buys.