What is the “double coincidence of wants’?
What is the solution to the “double coincidence of wants’?
The function of money that solves the ‘double coincidence of wants’ is as a
What problem does money solve as a medium of exchange that replaces goods like meat or crops?
Because money lasts a long time, it is a better _______ than a physical trade-good like meat or crops.
How has money solved disagreements about the value of assets?
In economic terms, what is supply?
In economic terms, what is demand?
How can supply and demand impact prices?
What is equilibrium price?
What is ‘fiat’ money?
Higher prices mean money is worth ______
Lower prices mean money is worth ______
More money in circulation means ______ prices
Less money in circulation means ______ prices
What is the CPI?
What does the CPI measure?
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