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Discuss whether the following items qualify as 'money' in the sense that they have the four characteristics that money has a) Gold C1 it is

Discuss whether the following items qualify as 'money' in the sense that they have the four characteristics that money has

a) Gold

C1 it is a medium of exchange C2 - it is a unit of account C3 it is a store of value that does not yield interest C4 - its stock is controlled by the central bank

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