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Read the text "What Makes Money Valuable?" again and say which of these statements are "true" and wh

Автор Ясень, Апр. 27, 2024, 05:12

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Ясень

Хотелось бы получить информацию о. Read the text "What Makes Money Valuable?" again and say which of these statements are "true" and which are 'false'.
1. Cash is coins, paper money and checks. 2.The barter system means exchanging one thing for another. 3.Coins are very handt and easier to use than tobacco, skins or cattle. 4. Coins were first used by ancient Greeks. 5. The Greek coins were stamped with a special mark that said how much they were worth. 6.Paper money itself has no real value. 7. Nowadays bills and coins are issued and backed by goverment. 8. Money makes exchange and trade possible. 9. Money is seldom used to measure and compare values of things. 10.Money is a "storehouse of value" means that you can save money instead of saving things. 11. Money servers as a "standard for future payments" mean that you can promise to pay for a thing in future, but don't pay anything.


Zenaida

False: 9. Paper money itself has no real value. (It has value as it represents a promise to pay by the issuer.)

  10. Money is seldom used to measure and compare values of things. (Money is often used for this purpose.)

  11. Money serves as a "standard for future payments," meaning that you can promise to pay for a thing in the future, but don't pay anything. (This is not an accurate description of the role of money as a standard for future payments.)