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Money definitions

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Defining money, means of payment, and three functions of money

Defining money, means of payment, and three functions of money

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Defining money, means of payment, and three functions of money

9:23

About this lesson

The Definition of Money
  • Commodity or Token accepted as Payment
  • Medium of Exchange
  • Unit of Account
  • Store of Value

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Defining money, means of payment, and three functions of money

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