Slide 1Do Now What do the following terms have to do with money? Goods Services Scarcity Capital Slide 2 What is Money? Slide 3 Money Money: serves as a medium of exchange,…
Slide 1 Slide 2 Anything that serves as a medium of exchange, a unit of account, and a store of value What is Money?Money Slide 3 Slide 4 STAGES IN THE EVOLUTION OF MONEY…
Slide 1 Money and Banking Slide 2 Section 1 - Money Slide 3 Three Uses of Money Economists define money as anything that serves as a medium of exchange, a unit of account,…
Slide 1 Money What is money? What are the three uses of money? What are the six characteristics of money? What are the sources of money’s value? Slide 2 Money is anything…