Unit 3 personal finance functions of money
- Created by: Charlie_elizabeth
- Created on: 03-05-17 09:26
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- functions of money
- unit of account
- place monetary value on goods
- Price of goods show the unit of account
- Means of exchange
- allows trade
- buy or sell goods
- Store of value
- Use in the future as I keeps value
- people might have money saved in a bank acount
- legal tender
- legally recognised form of payment
- money is widely seen and used for all sorts of payments
- unit of account
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