Banking and Money ( chs . 11-12-15). Notebook and Test – Friday, May 9. Originally, there were barter economies – people traded for what they couldn’t obtain on their own. Money is a medium of exchange, a measure of value, and a store of value.
Notebook and Test – Friday, May 9
1. TO HELP PEOPLE CREATE CAPITAL THROUGH INVESTMENT banks to be moderately stable.
2. TO HELP CONSUMERS CREATED FINANCIAL ASSETS THROUGH SAVING