Money functions, primary (primary functions of money)
Money is a medium of exchange: people pay in money. Money mediates the exchange of goods. – Money is unit of account: one quantifies in money. Money is used as the denominator of all prices and values; money is a measure of value. – See initial fact, economic, secret money, money, private, money fear, money Europeans, money functions secondary, money value stability, money purpose, inflation, lie-and-deceive thesis.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
