3.1 means of exchanging
-In most of the money economy tong in the form of cash or cheque.
-used to purchase goods or services or payment of the debts in v à.
-time dissipates when straining for the cargo service called transaction costs.
= > money as a necessary means of , handy to allow the economy operate more smoothly, encourage specialization and assigned social workers on a more far-reaching.
-To make good money this function need to accomplish several functions:
mass must be created with ease, has high uniformity to shun practices for determining value in each country.
Must be widely accepted by people exchanging of goods.
can split was thereby facilitate trades.
Easy transporting, move.
not be damaged quickly due to the impact of climate warming.
3.2 t for measuring member l? ờng gi 1st tr on your ass or unit of assessment.
-The currency is the unit of measurement of goods trịcủa service before performing exchange of
-monetary expression of the value of goods is the price of that commodity coffee.
-Is the important function of monetary
-the formula indicates the number of reviews we need when we have N items like the formula of the folder when there are N elementsTo: (N (N-1))/2
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