Main content

## Definition, measurement, and functions of money

# Lesson summary: definition, measurement, and functions of money

AP Macro: MEA‑3 (EU), MEA‑3.C (LO), MEA‑3.C.1 (EK), MEA‑3.C.2 (EK), MEA‑3.C.3 (EK), MEA‑3.C.4 (EK)

In this lesson summary review and remind yourself of the key terms and calculations related to the definition, measurement, and functions of money. Topics include the monetary base, M1, M2, and the functions of money.

AP® is a registered trademark of the College Board, which has not reviewed this resource.