1. Money is anything that is widely accepted as a medium of exchange. It also acts as...

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1. Money is anything that is widely accepted as a medium of exchange. It also acts as a unit of account and provides a means of storing current purchasing power into the future. Without money, exchange would be both costly and tedious.

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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