explain any four function of money
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The Four Basic Functions of Money. Money serves four basic functions: it is a unit of account, it's a store of value, it is a medium of exchange and finally, it is a standard of deferred payment.
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Money serves four basic functions:
it is a unit of account
it's a store of value
it is a medium of exchange
it is a standard of deferred payment.
it is a unit of account
it's a store of value
it is a medium of exchange
it is a standard of deferred payment.
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