Problem: Review the functions of money as stated in your text and on the mini lecture. Then comment on one of the following:
- Give an example of barter you or someone you know has been involved in.
- Talk about you transaction costs and how money decreases those costs
- Keep track of the amount of cash you use in a week and comment on your use of "money"?
- Comment on how you used the price tag of an item as a unit of account.
- Do you think cash is a good store of value?