Unit 4 Econ EOC Review. Question 1 What is the purpose of the Federal Deposit Insurance Corporation (FDIC)? A. to make sure that banks do not fail B.
Chapter 10.1 - Money What is money? What is money? What are the three uses of money? What are the three uses of money? What are the six characteristics.
ECONOMICS MR. BORDELON Money and Investment. Money Money. Anything that serves as a medium of exchange, unit of account, and a store of value. Currency.
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?
What is Money? Store of Value (much better than salt or cattle) Medium of Exchange ($45= 1 pair of Dockers) Unit of account—can compare the value of goods.
Money