The 4 ... are: Medium of exchange, measure of value, store of value and method of deferred payment
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Card 7
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... of money are: Durable, Portable, Divisible, Hard to counterfeit, generally accepted by a population and is valuable
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Card 8
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Function of Money: Money allows goods and services to be traded without the need for a barter system
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Card 9
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Function of Money: This can refer to any asset whose value can be used now or used in the future, meaning people can save now to fund spending in the future
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Card 10
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Function of Money: This refers to anything that allows the value of something to be expressed in an understandable way, and in a way that allows the vale of items to be compared
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Card 11
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Function of Account: Standard of ... : This refers to the expressing of the value of a debt
