Money & Banking Chapter 10 Section 1 Money. Money & Banking Objectives: Describe the three uses of money. Explain the six characteristics of money. Understand.
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.
Gold Returns Robert J. Barro Sanjay Misra. Gold Gold has dominated monetary systems for centuries; plays prominent role in transactions among financial.
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Paradigm shift: from the bitcoin Blockchain to Networked Computing
Measurement – class 2 National Accounting - GDP. Practical information Email : –[email protected] / @insee.fr Office hours: –Thursdays,16h30-19h –“Bureau.
© 2006 McGraw-Hill Ryerson Limited. All rights reserved.1 Chapter 6: National Income Accounting Prepared by: Kevin Richter, Douglas College Charlene Richter,
CH 10 BANKING & MONEY!!!!! Mrs. Post Adapted from Prentice Hall Presentation Software.
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?
MONEY AND BANKING. Money used to be in the form of coins that were made from precious metals and had value based upon their make up. As time went on paper.
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.
