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10.1 NOTESLearning Target How money functions as a medium of exchange in the market.? Key Terms1. Money 2. Medium of exchange 3. Standard of value 4. Store of value 5. Commodity money 6. Representative
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Money functions as a medium of exchange, a unit of account, and a store of value.
Everyone who engages in financial transactions is required to understand how money functions as.
You can fill out how money functions as by learning about economics and financial systems.
The purpose of understanding how money functions as is to effectively manage personal and business finances.
Information such as income, expenses, investments, and savings must be reported on how money functions as.
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