Money works as a common denominator into which the values of all goods and services are expressed. - Unit of Account, Money has separated the acts of sale and purchase - Medium of exchange, Money serves as a standard of future payments. - Deferred Payments, The shifting of purchasing power from the present to future - Store of value, Current account deposits - Demand deposits, Deposits which have fixed period of deposits - Time Deposits, Monopoly right of issuing notes - Central Bank, Notes and coins - Currency held by the public,

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