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Business, 29.02.2020 20:46 carlosiscr7

Economics
4. In Hong Kong, some banks accept Renminbi savings deposits and some shops accept cash payment in the Renminbi.
Which of the following are the functions of money that are performed by the Renminbi in these cases?
(1) medium of exchange
(2) store of value
(3) unit of account
(4) standard of deferred payment
A.(1) and (2) only
B.(1) and (4) only
C.(2) and (4) only
D.(3) and (4) only

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Answers: 1

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