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Fucntion of money

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Fucntion of money

Posted by Naveen Yadav 6 years, 11 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 6 years, 11 months ago

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's most important function is as a medium of exchange to facilitate transactions.

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