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The payment is a one-sided transfer of wealth, while in the cash transation money is part of a balanced transaction in which wealth is not transferred but only changes form. Message [290] referenced by [306]. Next Message by Hans is [296]. problem 272 Why does money function as money when it functions as means of payment? Why does it not function as money when it functions as a means of purchase or measure of value?

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Macroeconomics, Economics

Category:- Macroeconomics
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