'Our currency' presentation slideshows

Money

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Money

Lecture 6.6. Money. Money. Money- anything people commonly accept in exchange for goods and services. Functions of Money. Medium of exchange - must be accepted in exchange for goods and services Measure of value - compare the value or worth of different items through prices.

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Ch. 10 Notes: Money

Ch. 10 Notes: Money. When you think money, you think coins, cash, or any other slang terms you can think of. Economists think of it for 3 uses : Anything that serves as a medium of exchange A unit of account A store of value. Ch. 10 Notes: Money. Money as a Medium of exchange you know.

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