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The function of money as a standard of deferred payments

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Economics JAMB 1981

The function of money as a standard of deferred payments

  • Make possible for an individual to build up store of many things for future use
  • Makes it possible for payment to be postponed from the present to a future date checkmark
  • Facilitate the exchange of goods
  • Makes easy calculations possible
  • None of the above

The correct answer is: B

Explanation

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