Often recived for providing goods and services to other and a way of making payments, usually by notes or coins or EFT

Answer explanation

Money

The use of goods or services as a means of exchange.

Answer explanation

bartering

a method of payment for good or service

Answer explanation

medium of exchange

a numerical unit of measurement if market value of goods and services

Answer explanation

Unit of account

Money is reliably stored saved and retrieved

Answer explanation

store of value

the notes and coins accepted in a particular country.

Answer explanation

Currency

Money received in the form of wages from working, dividends from shares owned, or rent received from property owned.

Answer explanation

Income

goods or services that are necessary

Answer explanation

Need

Goods or services that are desired but not necessary

Answer explanation

Wants

“Buy now, pay now”. Linked to everyday transaction accounts, with funds withdrawn from the consumer’s account. Two forms used in Australia.

Answer explanation

Debit Card