Durability is _____ property

Main problem of barter is to find someone who is willing to exchange on what you need.

Ability to carry easily

Checking accounts are

CDs are

A saving account in a bank represents the function of money:

Easily transferred from 1 person to another, to make the exchange of money for products easier.

Money has what if it doesn't deteriorate when it is being handled?

Money has what if it can be broken down into smaller units so it can be used as needed?

What is money if it is available but only in a limited supply?

Money or other substance generally accepted as payment for goods and services.

1 of the 3 functions of money that allows it to serve as a common denominator to measure value.

What are the 3 functions of money?

People agree that paper notes are money

All modern money is

Money on your saving account

Cow and salt

It can't be used as money

Currency is made of

M1 is ____ money

It is suitable for immediate purchase

Stocks and bonds are

During era of representative money a 10$ bill was exchanged on

1 Big Mac costs like 3 sandwiches in Gad

You can save 15% of your salary for vacation

Money loses its purchasing power due to

To keep value of money stable you should have ____ of money

People agreed to be paid in Egyptian pounds

Suitable for immediate purchase

Debit card is the same as

When you exchange book on battle of water it is an example of

This allows you to deposit money in one agency abroad and withdraw it in another country

Any piece of paper can serve as money as long as you accept it.

Paper money was created hundreds of years ago.

Some countries share the same currency.

There is a standardized appearance of all currencies around the world. such as color and size.

It is legal to print money by yourself as long as you are accurate.

Gold standard was implemented by the USA in the 20th century.

The value of cow as money is determined by amount of milk, meat, and labor it can provide.

Diamonds are not used as money because they are too scarce.

What features do Egyptian pound notes share?

M1 includes M2

Money can serve as a store of value only if they are scarce and keep stable value

It is reasonable in the time of high inflation to delay your purchase and store money in the saving account