Part 1 - Check Your Understanding- For each of the following, identify whether the money is fulfilling the role of medium of exchange, store of value, or unit of account. 1. Kurt pays $3 at a toll booth 2. Your grandmother put $1,000 into a savings account for you when you were bom 3. It costs $109 to buy the same basket of groceries that previously cost $100 4. Kristi pays $12 to see the newest Fast and Furious movie 5. Dave puts $50 under his mattress 6. One pound of steak costs $10 and 3 pounds of chicken does as well Part 2 - Practice- For each of the following examples, identify if it is considered M1 money supply, M2 money supply, or not counted (NC) in the U.S. money supply