Money Functions Quiz

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Questions and Answers

Money is primarily used as a medium of exchange for goods and services

True (A)

Money can be used to measure the value of a product or service

True (A)

Money cannot be stored or conserved for future use

False (B)

Money cannot be used for deferred payments

<p>False (B)</p> Signup and view all the answers

Money can only be used to purchase goods within the country

<p>False (B)</p> Signup and view all the answers

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