What is money??

Money is a medium of exchange

There are two functions of money 

1.primary function

2.secondary function

First we are dissuss about primary function

1.primary function

Money 💵 performs two primary function

1 medium of exchange-money act as medium for sale and purchase good and services

2 measure of value or unit of value- money serves as measure  of value in other words it serve unit of account 

2 secondary or subsidiary function

1 standard of subsidiary function:deferred payment refer to those payment which are made sometimes inthe future

2 store of value: store of value implies store of wealth

3 transfer of value: money serves as a convenient mode of transfer of value (wealth)