used as a medium of account, store of value, or unit of account.
a. Sam gives the grocery store clerk a $5 bill to pay for his purchase.
b. Bill looks at the $20 price tag on a clock to see how much money he would need to purchase the clock.
c. Maria writes a check to pay her electric bill.
d. Susan transfers some of her wealth from her checking account into a certificate of deposit that earns interest.
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