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Store of value - Economic functions of money

If you are a fisherman and have a temporary surplus of fish that you want to store for the future, storing the fish might not be a great idea. Money, on the other hand, stores well. Other commodities, such as gold, have this feature as well.

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9582394

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