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Solve this question. 1. Money serves several important functions in an economy. Consider a hypothetical country named Economica. Tn Economica, the central hank has introduced

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1. Money serves several important functions in an economy. Consider a hypothetical country named "Economica." Tn Economica, the central hank has introduced a new currency called "Econs." a. Describe the three primary functions of money and explain how each of these functions is fulfilled by the new currency "Econs" in Economica. h. Economics experiences rapid ination, causing the value 01" Econs to decrease signicantly over a short period. Discuss which function of money is most affected by this ination and how it impacts the overall economy. c. Due to advancements in technology, digital transactions have become increasingly popular in Economiea. Explain how the use of digital wallets and online banking aligns with the functions of money. d. In an attempt to promote economic growth, the government of Economics decides to implement a policy that encourages barter trade between citizens. Analyze how such a policy might undermine the functions of money and discuss potential challenges the economy could Face. Note: in your answers, consider the three main functions of money: medium of exchange, unit of account. and store of value

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