What Are the Three Functions of Money

question 231

Essay

What are the three functions of money?

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Definitions:

Long-Term

Describes something that occurs over an extended period, often many years.

Sensory Memory

The shortest-term element of memory, it is the ability to retain impressions of sensory information after the original stimuli have ended.

Blink

A rapid, reflexive closure and reopening of the eyelids, serving as protection for the eyes or as a subtle communication signal.

Visual Impression

Visual Impression refers to the initial perception formed upon viewing something, influenced by its aesthetic, design, and overall appearance.