The three functions of money are: a. liquidity, store of value, and gifting. b. medium of exchange,
Question:
The three functions of money are:
a. liquidity, store of value, and gifting.
b. medium of exchange, unit of account, and liquidity.
c. liquidity, unit of account, and gifting.
d. medium of exchange, unit of account, and store of value.
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Answer Lets break down each function of money Medium of Exchange Money serves as a medium of exchang...View the full answer
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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