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Pearson Edexcel IAL Economics 1.3.1.5b function of money as a medium of

Practise recognising money’s functions and linking medium of exchange, store of value and deferred payment to trade and specialisation.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • distinguish money as a medium of exchange from other roles in one-mark contexts
  • link money’s functions to easier trade between specialised workers and firms

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