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What are the functions of money?

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3 votes

Answer:

The functions of money are:

Function # 1. A Medium of Exchange: ...

Function # 2. A Measure of Value: ...

Function # 3. A Store of Value (Purchasing Power): ...

Function # 4. The Basis of Credit: ...

Function # 5. A Unit of Account: ...

Function # 6. A Standard of Postponed Payment:

Step-by-step explanation:

My parents are bankers.

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