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Match the function of money

Exercise and reference answers

Matching pairs
  1. Left
    Medium exchange
    Right
    Accepted in payment for goods
  2. Left
    Unit of account
    Right
    Values are measured in it
  3. Left
    Store of value
    Right
    Wealth can be carried forward
Instructions
Match each term to what it means.

Explanation

_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking'_
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