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Documents Money & Banking. History of Money Most early societies operated on a barter system. Goods and...

Slide 1Money & Banking Slide 2 History of Money Most early societies operated on a barter system. Goods and services were exchanged for items of tangible value. Societies…

Documents Economics Notes – Ch 10 LTO: Understand Money & Banking.

Slide 1 Economics Notes – Ch 10 LTO: Understand Money & Banking Slide 2 Guided Note Taking Copy the notes and explanations provided in class For the remainder, use…

Documents Money & Banking. Functions of money Medium of exchange- use money in exchange for goods and services...

Slide 1 Money & Banking Slide 2 Functions of money Medium of exchange- use money in exchange for goods and services Unit of accounting- yardstick that allows us to compare…