For Each of the Following Scenarios, Identify the Function of Money

Essay

For each of the following scenarios, identify the function of money that is being illustrated.
(a) Fontana wants to sell her old car. She attaches a lot of sentimental value to the car and therefore prices it at $15,000.
(b) Fred walks into a store and purchases a tin of shoe polish for $2.99.
(c) Terrence opens a savings account with $2,500.