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The unit of account refers to the price of good and the way it is measured in unit. So, an example of this is the cost for a pair of shoes, here in the United States we measure the cost in dollars and cents. So, a pair of shoes would cost twenty two dollars and ninety two cents. The medium of exchange is refers to difficulties of the barter system. For example a house cleaner needs gas, either they have to find a house to clean for cash to be able to purchase the gas needed or find a gas supplier who will trade gas needed for the house cleaning they have to offer. Then, the problem would be solved. Store of value is a currency or commodity that can be store for you to use in the future. An example is money because you can trade the money you have for a good you need. If you have no needs at the time you can hold onto your money until a you need a good. I can relate to the unit of account because I purchase good all the time and the prices have increase over the past couple of years. When, I was first employed I made six dollars and fifty cents an hour which was minimum wage and I got paid in check which way easily turned into cash. Now, I need food that would not spoil so, I went to the grocery store and purchased thing I could store with the cash I got from the check I worked for. The price I paid for the goods was the unit of account. The medium of exchange is a function used very normally such as I mentioned earlier I need gas to get where I am going. I have to find someone that will take the services I have to offer in exchange for the gas I need, or I can find a person that will pay me cash for the services I offer so that I can exchange the cash for the gas I need. My example of store of value is that I can put cash back to keep to get the products I need later down the

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