What are the three functions that money performs? Which of the following items perform some but not
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What are the three functions that money performs? Which of the following items perform some but not all of these functions and which of the items are money?
- An antique clock
- An S&L savings deposit
- Your credit card
- The coins in the Fed’s museum
- Government securities
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Money acts as a medium of exchange is a unit of account and is a store of value An antique cl...View the full answer
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My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
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