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What three functions define money?

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Money has three functions that distinguish it from the rest of the assets: 1) It is a means of change; 2) It is a unit of account; and 3) It is a store of value.

1.- MEANS OF PAYMENT OR CHANGE: basically, it consists of the use of money to make any type of transaction, thus facilitating the exchange of goods, products and services. Deliver one thing for another.

2.- ACCOUNT UNIT: this fulfills the function of determining the units of value, or prices, that the goods, products and services have. It is related to the prices.

3.- DEPOSIT OF VALUE: it consists of being able to buy something in the future. Money has the capacity to remain stable over time, which allows a person who has a capital today to invest it in the following months, or even years

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