4.2 - Money – Meaning and Functions
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Practice Questions
Test your understanding with targeted questions
What is money?
💡 Hint: Think about what you use to buy things.
Name one function of money.
💡 Hint: There are four key functions.
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Interactive Quizzes
Quick quizzes to reinforce your learning
Which of the following is NOT a function of money?
💡 Hint: Recall the four key functions.
True or False: Money can only be in the form of physical currency.
💡 Hint: Think about online transactions.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Analyze the role of money in a recession. Discuss how its functions shift in such a scenario.
💡 Hint: Consider the effects of reduced spending.
Propose a new form of money and discuss how it would fulfill the functions established in this section.
💡 Hint: Think about legitimacy and acceptance.
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