The three important functions of money are that it serves as a medium of exchange,a measure of value,and a store of value.
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Q4: When used to accumulate wealth,money functions as
Q5: A savings account is the same thing
Q6: A checking account is also called a
Q7: Using commodities such as corn,livestock,or artisanal goods
Q8: Fiat money is backed by gold.
Q10: When currency is stable,it provides no incentive
Q11: As a medium of exchange,money
A) eliminates the
Q12: In some countries with very high inflation
Q13: Discuss the most important characteristic of money.
Q14: When a dollar bill is handled hundreds
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