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❥︎Q.What are the types of money? (no spam)
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Answered by
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Answer:
Money can be in various forms, such as notes, coins, credit and debit cards, and bank checks. Traditionally, economists considered four main functions of money, which are a medium of exchange, a measure of value, a standard of deferred payment, and a store of value
Explanation:
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Answered by
1
Answer:
Economists identify four main types of money – commodity, fiat, fiduciary, and commercial. All are very different but have similar functions.
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