Question

Types of money ,function of money,importants of money

Answer 1

there are three types of money
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1)commodity money

2)Representative money 

3)Fiat money

functions
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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'smost important function is as a medium of exchange to facilitate transactions.



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