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1. What makes a dollar bill money? What makes a personal check money? What factors, if changed, would affect your willingness to accept a dollar bill or a check as money?

2. What are the four main functions of money? Describe each function.

3. Is the store-of-value function unique to money? If not, give some other examples of stores of value. Must money be a store of value to serve its function as a medium of exchange? Why or why not?

Financial Management, Finance

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