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You Put $200 from Every Paycheque into Your Savings Account

Question 62

Multiple Choice

You put $200 from every paycheque into your savings account. You hope that this money will earn interest over time and will help you to purchase a car at the end of the year. What function of money is illustrated in this example?


A) measure of value
B) unit of account
C) medium of exchange
D) store of value

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