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When Money Functions as a Unit of Account,then It Cannot

question 210

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When money functions as a unit of account,then it cannot be commodity money.


Definitions:

Multilateral Aid

Financial assistance provided by multiple countries or international organizations to support economic development, poverty reduction, and welfare in recipient countries.

Government Aid

Financial or material assistance provided by governmental bodies to individuals, organizations, or countries in need.

Financial Resources

Funds that are available to a business or individual for spending, investing, or other purposes.

Multilateral Aid

Financial assistance provided by multiple countries or international organizations to support development projects in developing countries.

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