explain the intermediary function of money elaborate with examples
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Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions.
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money is often defined in terms of three function and services that it provides.money serves as a medium of exchange as a store of value and as a unit of account.
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