Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of value) each of the following performs in the U. S. economy. Check all that apply. Medium of Exchange Unit of Account Store of Value
U. S. dollar bill
Japanese yen
Picasso painting
Plastic credit card
Given your answers to the previous task, indicate whether each of the following is considered money in the U. S. economy.
Money
Yes No
U. S. dollar bill
Japanese yen
Picasso painting
Plastic credit card