In this movie clip, I discuss the 3 major functions of money, which are: Medium of Exchange, Store of Value, and Unit of Account. I also discuss why it isn't a good idea to have a barter economy (an economy where there is no money). Moreover, I discuss the dangers of hyperinflation (where most prices in a country are rising at a very rapid rate).
Very helpful, THANKS!
TeeksPr 1 year ago
@TeeksPr Cool :)
Neilio55 1 year ago