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Many college campuses use student ID cards as a way for students to pay for on-campus expenses such as books, photocopies, and food. For convenience,

Many college campuses use student ID cards as a way for students to pay for on-campus expenses such as books, photocopies, and food. For convenience, some students will maintain a balance on their ID cards. Are these balances a means of payment? Are they a store of value? Explain why or why not.

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