The meaning of money - Roles of money - medium of exchange

4 important questions on The meaning of money - Roles of money - medium of exchange

Why do we say money is not for consuption?

Becasue there is no alternative use for money, people cant eat money

In troubled times what plays the role of a medium of exchange?

Other goods and assets

What is an asset that indviduals use to trase for goods and services?

Medium of exchange
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What do we call the medium of exchange virtually all transactions in that country.

The official money of a give country

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