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Refiloe Won a Lottery Prize of R₁ Million

Question 6

Multiple Choice

Refiloe won a lottery prize of r₁ million.She put the money in the bank to save it for her daughter's university education.For Refiloe, money was functioning primarily as a


A) unit of account.
B) store of value.
C) means of payment.
D) type of short term loan.

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