Question: 1. Problems and Applications Q1 Indicate whether each of the following functions as a medium of exchange, a unit of account, or a store of

1. Problems and Applications Q1 Indicate whether each of the following functions as a medium of exchange, a unit of account, or a store of value in the Canadian economy. Check all that apply. Medium of Exchange Unit of Account Store of Value Canadian dollar coin Mexican peso Picasso painting Plastic credit card Given your answers to the previous task, indicate whether each of the following is considered money in the Canadian economy. Money Yes No Canadian dollar coin Mexican peso Picasso painting Plastic credit card

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