Money is, first and foremost, a means to transact, to purchase goods and services. This function is commonly referred to as a medium of exchange. It is a good you acquire not for its own sake but ...

You are likely familiar with the three functions of money: • Medium of exchange: It is used for buying and selling. • Store of value: It retains its worth over time. • Unit of account ...

Money may make the world go around, as the song says. And most people in the world probably have handled money, many of them on a daily basis. But despite its familiarity, probably few people could ...