Copiar y Editar

Functions of Money

Descripción

Economics
hannahcollins030
Fichas por hannahcollins030, actualizado hace más de 1 año
hannahcollins030
Creado por hannahcollins030 hace alrededor de 11 años
261
6
0

Resumen del Recurso

Pregunta Respuesta
A Means of Exchange/Primary Function Money enables people to freely exchange g&s that they don't produce. Overcomes bartering.
A Measure of volume/Unit of account The amount of money given for a product is the reflection of the value of that product
A means of Deferred Payment Get a good now and pay later as money won't lose value. Increase sales & stimulate economy.
A store of Wealth Save money now and will still be valuable later. High inflation undermines this
Mostrar resumen completo Ocultar resumen completo

¿Quieres crear tus propias Fichas gratiscon GoConqr? Más información.

Similar

Using GoConqr to study Economics
Sarah Egan
Using GoConqr to teach Economics
Sarah Egan
Consumer
Samira Alnougi
Economics
Emily Fenton
The Lymphatic System
james liew
AN ECONOMIC OVERVIEW OF IRELAND AND THE WORLD 2015/16
John O'Driscoll
Economics - unit 1
Amardeep Kumar
Comparative advantage
jamesofili
Using GoConqr to teach science
Sarah Egan
Using GoConqr to teach English literature
Sarah Egan
Using GoConqr to teach Maths
Sarah Egan
Explorar la Librería