Answer to Question #273662 in Economics for Oleg

Question

A worker gets wages (salary) from a capitalist. What function will money play in this case? What functions of money do you know?

Answer 1

Money has taken many forms through the ages, but money consistently has several functions: a medium of exchange, a store of value, a unit of account, and a standard of deferred payment.

In the case of salary, money play the role of a standard of deferred payment.