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State six functions of money

State six functions of money

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Simon
• Money acts as a store of value
• Money acts as a medium of exchange
• Moneys is a measure of value
• Money is used in transfer of immovable properties.
• Money aids specialization, production and trade
• Money is an instrument for making loans.
• Money is a tool of monetary management.

skilled writter answered the question on May 1, 2018 at 16:07

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