In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution: Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all.  1. Define money. Carefully explain the three functions of money.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Money And The Banking System
Section: Chapter Questions
Problem 3CQ
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In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution:

Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all. 

1. Define money. Carefully explain the three functions of money.

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