CBSE BOARD XII, asked by sakethsunny365, 11 days ago

Explain primary functions of money​

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Answered by havyadarji2007
8

❥ A᭄nswer✭࿐

Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value :- Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange. Additionally, the value of money must remain stable over time.

Answered by rajjayjagrith
0

Answer:

Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange. ... Additionally, the value of money must remain stable over time.

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