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13 Money and Banking $$$$. FUNCTIONS OF MONEY 1.Unit of Account Measurement of value of goods and services…

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2. Store of Value Enables people to transfer purchasing power from the present to the future In order to buy things later, people store some of their wealth as money The money you place in a safe or checking account will be available to you in a few weeks, months or years from now. Other means of storing wealth with art, jewelry, stocks

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