Money makes it easier to borrow and repay loans. This function of money is referred to as

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Money makes it easier to borrow and repay loans. This function of money is referred to as ______.

a. A store of value

b. A means of deferred payment

c. A unit of account

d. A standard of value

e. None of these

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 23, 2023 02:34 AM

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Money makes it easier to borrow and repay loans. This function of money is referred to as

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Exploring Economics

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