Well this is actually Yr12 economics and I am trying to write an essay about it.
Can someone tell me briefly the relations of them?
Functions : Medium of exchange, unit of account, store of value
Characteristics : Cannot find it on my textbook, but all I can think of is portable,divisible, thats about it.. I think there are 5 or 6?
Thank you in advance.
Can someone tell me briefly the relations of them?
Functions : Medium of exchange, unit of account, store of value
Characteristics : Cannot find it on my textbook, but all I can think of is portable,divisible, thats about it.. I think there are 5 or 6?
Thank you in advance.