The Quantity Theory of Money -Explain the concept of money, its functions and characteristics. -Explain the theoretical link between money and prices.
What is Money ? Dr. Paul Lockard Professor Black Hawk College.
Functions of Money. 13-4 The Four Jobs of Money Medium of exchange Standard of value Store of value Standard of deferred payment Copyright 2002 by The.
15-1 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall Chapter 15 Money and Banking.
1 15.Nature and Functions of Money Chapter 15 : main menu 15.1 The problems of barter and how they are solved by money Concept Explorer 15.1 Theory in.
Unit 1 Money. I. Money A.Definition of money and review of money’s history. a)Money is defined as anything that is generally acceptable in payment for.
AP Macroeconomics: Unit 3 Federal Reserve System and Monetary Policy.
