money Flashcards

1
Q

charcytericts of money

A

hard to counterfeit 
durable and portable 
acctepantce when making transaction 
hold value over time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

functions of money

A

medium of exchange 
store of value 
unit of account 
standard of deferred payment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly