Question

primary function of money :medium of exchange:_________ : transfer of value. complete the correlation​.

Answer 1

Answer:

Explanation: As the primary function of money acts as a 'medium of exchange', bank deposit is an example of transfer of value, as the value of money is safeguarded to the bank for maintenance and interest-earning and then transferred back. The purchase of securities is a basis of credit for commercial banks.

Explanation:

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