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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.
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