iiCaxx4668
iiCaxx4668
18.04.2020 • 
Business

The roles of money Darnell is heading out to lunch. He goes to the bank and withdraws $30 from his savings account. He heads to a local deli that sells half sub sandwiches for $4.99 and whole subs for $7.99. Darnell decides that he's pretty hungry and goes for the whole. He pays with a $10 bill and tells the cashier to keep the change. Identify what role money plays in each of the following parts of the story. Hint: Select each role only once. Role of Money Medium of Exchange Unit of Account Store of Value Darnell buys his lunch with a $10 bill. Darnell can easily determine that the whole sandwich, while twice as long as the half, is priced at less than twice as much. Darnell accumulates money in his savings account for future purchases. Grade It Now Save

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