1. The roles of money Paolo wants to both purchase a new laptop and go Florida for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both. After much thought, Paolo buys the laptop and writes a check for $1,299. Identify what role money plays in each of the following parts of the story. Hint: Select each role only once. Role of Money Paolo can easily determine that the price of the laptop is more than the price of the vacation. Paolo has $1,537 in his checking account. Paolo writes a check for $1,299. Medium of Exchange Unit of Account Store of Value