Home Business & FinancePersonal Finance Subscribe to RSS

What Is The Purpose And Function Of Money?

Answer Question

1 Answer - Sort by: Date | Rating

    Bill Hummel believes money's purpose is to make trade easier by providing a medium of exchange. In performing its MoE function, he adds a second purpose, to offer a store of value to the extent this is possible. And there he stops.
    0 0
    Guest

    Guest 

    answered 2 months ago

      More

       
       

      Ask a Question via Twitter

      Send a question to @askblurtit and we will publish it online and send you a reply everytime you receive an answer.

      Blurtit Store

      Get T-shirts, hoodies, caps and more at the Blurtit store

      Blurtit International