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any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered as money.

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How Africans use their wages?

I would like to better understand how African families use their money, and am especially interested to learn how much money goes into savings. …
F16Falcon's user avatar
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