Question: 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

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?

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