Money is a medium of exchange that is accepted in transactions for goods and services. It typically takes the form of a currency, such as dollar bills or coins. Money can also be stored in banks or other financial institutions, such as savings accounts or investment portfolios. It is used to measure the value of goods and services, as well as wealth and income. The supply of money is controlled by central banks, which can manipulate interest rates and the money supply to influence economic conditions and mitigate inflation. Money has been a fundamental aspect of human societies throughout history, and continues to play a crucial role in the modern global economy.
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