Money and its function

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FUNCTIONS

Medium of exchange

Measure of value

Standard of deferred payment

Store of value

FUNCTIONS Medium of exchange Measure of value Standard of deferred payment Store of value

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Medium of exchange

Medium of exchange

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Measure of value

Measure of value

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Standard of deferred payment

Standard of deferred payment

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Counterfeit money

Counterfeit money

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Interesting facts about money

1. U.S. paper money is not paper. It's cloth. In

Interesting facts about money 1. U.S. paper money is not paper. It's
Ben Franklin’s day, people repaired torn bills with a needle and thread.
2.  Sailors used to pass the time by banging on the edge of coins with the heel of a spoon, then cutting the middle out of the thickened rims to make rings for their loved ones. 
3. Pennies buried in a garden will repel slugs, which get electric shocks from touching copper and zinc.
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