The three basic functions of money are multiple choice 1 medium of exchange, record of account, and assessment of value. medium of exchange, unit of account, and store of value. account of exchange, medium of account, and store of value. medium of exchange, store of account, and unit of value. b. Rapid inflation can undermine money’s ability to perform its functions. During periods of runaway inflation, multiple choice 2 the value of money falls so money cannot serve as a measure of price. money cannot hold sufficient value to act as a medium of value. the future value of money cannot be predicted so money cannot act as a predictor of value. people often revert to barter because money fails as a medium of exchange.

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?