Money and its function

Money

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

Medium of exchange

Measure of value

Standard of deferred payment

Counterfeit money

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