explani the function of money
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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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Four most important functions of money are as follows:
Medium of Exchange: The most important function of money is that it serves as a medium of exchange. ...
Measure of Value: ...
Standard of Deferred Payment: ...
Store of Value
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