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Money can be simply be referred to as a

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Commerce JAMB 2013

Money can be simply be referred to as a

  • measure of value checkmark
  • standard of value
  • means of settlement
  • durable asset for doing business

The correct answer is: A

Explanation

 

Money, a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed

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