Anyway, here's a cartoon (HT to Comics.com) that illustrates the "medium of exchange" function.
You could also use it to discuss real income.
Tuesday, May 4, 2010
Money as a Medium of Exchange
Whether you are teaching personal finance, traditional economics or AP or IB economics, I suspect you're all through with the "Money" chapter. You know the one where they introduce the functions and forms of money.
Anyway, here's a cartoon (HT to Comics.com) that illustrates the "medium of exchange" function.
You could also use it to discuss real income.
Anyway, here's a cartoon (HT to Comics.com) that illustrates the "medium of exchange" function.
You could also use it to discuss real income.
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1 comment:
Nice blog for foreign currency exchange, transfer money online. it's facilitate commercial foreign exchange and money exchange services to overseas.
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