ECO 372 University of Phoenix Wk 4 Money as A Medium of Exchange Discussion
Question Description
I’m working on a macro economics discussion question and need an explanation and answer to help me learn.
Great explanation on how money can be used to serve as a good medium of exchange that functions as money. So, as we look back into the history, how were all those “money” used in the past stand against these criteria? What are some other alternatives? Will the most recently developed payment methods via phones and scans be potential good substitutes for money?
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