3.1
medium of exchange in most economies tong transaction amount in cash or check.
-Used to purchase goods, services or payment of debts cough and abroad.
- time consumption exertion used to exchange goods and services called transaction costs.
=> money as a necessary means,handy allow economies operate more smoothly, encouraging specialization and division of labor society deeper and wider.
-To make good money this functionality to be achieved after a number of functions:
must created a series of easy, high uniformity to facilitate the valuation in each country.
have been widely accepted by the exchange of goods.
can be subdivided thus facilitating the exchange.
easy to transport, move.
not damaged quickly by impact of climate and weather environment.
3.2 Pts Unit Referral What I Do á l tr shit or evaluation units.
Monetary unit of measurement values of goods and services before making
-exchange monetary expression of value of the goods is the price of the goods.
-Is an important function of the amount of Qi
-price formula says we need to have n items like formula when n number of pairs of elements: (n (n-1)) / 2
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