by 
9bthomas
ANSWERS: 6
-
Money is a piece of paper you can use to exchange things or services.
-
A representative of value, accepted by others around you
-
The only real money is something of tangible value, normally to be considered to be gold, silver, and sometimes platnum. In the case of in the USA the currency used is legal tender but not money at all and does not belong to the USA but to the Federal Reserve by the pen of Woodrow Wilson to repay re-election favors to the large banks of the time. This is in violation of the 1st Ammendment of the Constitution of the USA. It is this very reason there are the problems here today because a country can operate only so long on "fiat" money and fractional banking before it all comes crashing down.
-
It's portable and have value.
-
Functions of money: serve as a medium of exchange serves as a store of value serves as a unit of account
-
Anything that a society accepts in exchange for goods or services.
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC