Question

meaning and function of money and banking​

Answer 1

Explanation:

ᴍᴏɴᴇʏ ɪs ᴏғᴛᴇɴ ᴅᴇғɪɴᴇᴅ ɪɴ ᴛᴇʀᴍs ᴏғ ᴛʜᴇ ᴛʜʀᴇᴇ ғᴜɴᴄᴛɪᴏɴs ᴏʀ sᴇʀᴠɪᴄᴇs ᴛʜᴀᴛ ɪᴛ ᴘʀᴏᴠɪᴅᴇs. ᴍᴏɴᴇʏ sᴇʀᴠᴇs ᴀs ᴀ ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ, ᴀs ᴀ sᴛᴏʀᴇ ᴏғ ᴠᴀʟᴜᴇ, ᴀɴᴅ ᴀs ᴀ ᴜɴɪᴛ ᴏғ ᴀᴄᴄᴏᴜɴᴛ. ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ. ᴍᴏɴᴇʏ's ᴍᴏsᴛ ɪᴍᴘᴏʀᴛᴀɴᴛ ғᴜɴᴄᴛɪᴏɴ ɪs ᴀs ᴀ ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ ᴛᴏ ғᴀᴄɪʟɪᴛᴀᴛᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs.

࿐. $\huge\underline{\overline{\mid{\bold{\red{☆ᴍʀ.sʜᴀʀᴍᴀ★}}\mid}}}$