quiz 4/7/2025 pt3 Flashcards
1
Q
why is trade good?
A
It signals productivity
2
Q
the value you attach to something is based on ____-
A
scarcity
3
Q
who puts value to things?
where does value take place?
A
us
in our mind
4
Q
3 functions of money
A
efficient medium of exchange
a store of value
has a unit of exchange
