a. i). Money is what money does. Explain this statement ii). Would you consider an ATM card

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a. i). Money is what money does. Explain this statement

ii). Would you consider an ATM card to be money? Explain your answer.

b. Distinguish between money and near-money, why are time deposit is considered as near-money, whereas demand deposits are regarded as money.

c. Is money the only store of value? If no, what's the difference between money as a store of value and other assets?

Related Book For answer-question

Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Mar 08, 2023 07:16 AM

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a. i). Money is what money does. Explain this statement ii). Would you consider an ATM card

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Personal Finance

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