unit of account Tag Articles
Is gold money or currency?
Gold can be considered both money and currency, and has been used as a store of value, a unit of account, and a medium of exchange for thousands of years. Learn about historical gold currencies and the various forms of digital or paper gold that can be used as currency.
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Is the US dollar money or currency?
Understand the difference between the US dollar as money and currency. The dollar is issued and regulated by the Federal Reserve and is used as a medium of exchange, a unit of account, and a store of value.
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