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.

1 comment:

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