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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Bater |
Exchange of goods without use of money. |
Earliest trade. |
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Why is money important to the economy? |
A medium of exchange A measure of value A store of value A standard for deferred payments. |
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Legal tender is money that the state has decided is acceptable as payment up to any amount. They include? |
Bills Credit cards Electronic transfers Telebanking and e-commerce. |
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