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16 June, 22:34

When Jacques deposits his money in the bank for later use, money is a

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  1. 16 June, 22:36
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    When Jacques deposits his money in the bank for later use, money is a store of value.
  2. 16 June, 22:56
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    This is a store of value. The is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. This is one of the forms that money can take.
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