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what is money? (official measures of money (are M1 and M2 really money?…
what is money?
money
- money is commodity that can be used to do payment and exchange.
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unit of account
It is an agreed measure for evaluate the prices of different goods and services. 
Store of value: As a store of value, money can be held for a time and use it later for exchange for goods and services.
Money in Canada Today
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- deposits at bank and other depository in stitutions
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