Money and Its FunctionsMoney has four functions: a medium of exchange  перевод - Money and Its FunctionsMoney has four functions: a medium of exchange  английский как сказать

Money and Its FunctionsMoney has fo

Money and Its Functions

Money has four functions: a medium of exchange or means of payment a store of value, a unit of account and a standard of deferred payment. When used as a medium of exchange, money is considered to be distinguished from other assets.
Money as the medium of exchange is believed to be used in one half of almost all exchange. Workers ex-change labour for money, people buy or sell goods in exchange for money as well.
People do not accept money to consume it directly but because it can subsequently be used to buy things, they wish to consume. To see the advantages of a medium of exchange, imagine a barter economy, that is, an economy having no medium of exchange. Goods are traded directly or swapped for other goods. The seller and the buyer each must want something the other has to offer. Trading is very expensive. People spend a lot of time and effort finding others with whom they can make swaps. Nowadays, there exist actually no purely barter economies, but economies nearer to or farther from the barter type. The closer is the economy to the barter type, the more wasteful it is.
Serving as a medium of exchange is presumed to have for centuries been an essential function of money.
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Money and Its FunctionsMoney has four functions: a medium of exchange or means of payment a store of value, a unit of account and a standard of deferred payment. When used as a medium of exchange, money is considered to be distinguished from other assets.Money as the medium of exchange is believed to be used in one half of almost all exchange. Workers ex-change labour for money, people buy or sell goods in exchange for money as well.People do not accept money to consume it directly but because it can subsequently be used to buy things, they wish to consume. To see the advantages of a medium of exchange, imagine a barter economy, that is, an economy having no medium of exchange. Goods are traded directly or swapped for other goods. The seller and the buyer each must want something the other has to offer. Trading is very expensive. People spend a lot of time and effort finding others with whom they can make swaps. Nowadays, there exist actually no purely barter economies, but economies nearer to or farther from the barter type. The closer is the economy to the barter type, the more wasteful it is.Serving as a medium of exchange is presumed to have for centuries been an essential function of money.
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The Functions and Its Money

Money has a four functions The: a medium of Exchange or Means of payment of a store of value, a unit of account and a standard of deferred payment. When used as a medium of exchange, money is considered to be distinguished from other assets.
Money as the medium of exchange is believed to be used in one half of almost all exchange. Workers ex-change labour for money, people buy or sell goods in exchange for money as well.
People do not accept money to consume it directly but because it can subsequently be used to buy things, they wish to consume. To see the advantages of a medium of exchange, imagine a barter economy, that is, an economy having no medium of exchange. Goods are traded directly or swapped for other goods. The seller and the buyer each must want something the other has to offer. Trading is very expensive. People spend a lot of time and effort finding others with whom they can make swaps. Nowadays, there exist actually no purely barter economies, but economies nearer to or farther from the barter type. The closer is the economy to the barter type, the more wasteful it is.
Serving as a medium of exchange is presumed to have for centuries been an essential function of money.
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Результаты (английский) 3:[копия]
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money and its functionsmoney has four functions: a medium of exchange or means of payment and a store of value and unit of account and a standard of deferred payment. when used as a medium of exchange, money is considered to be distinguished from other assets.money as the medium of exchange is feared to be used in one half of almost all exchange. workers ex - change labour for money, to buy or sell goods in exchange for money as well.people do not accept money to consume it directly, but because it can subsequently be used to buy things, they wish to consume. to see the advantages of a medium of exchange, imagine a barter economy, that is, an economy having no medium of exchange. goods are traded directly or swapped for other goods. the seller and the buyer and must want something the other has to offer. trading is very expensive. people spend a lot of time and effort finding others with whom they can make swaps. nowadays, there exist (no writing barter economies and economies and or farther from the barter type. the closer is the economy to the barter type, the more wasteful it is.serving as a medium of exchange is presumed to have for centuries been an essential function of money.
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