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Study Notes
Money - Characteristics and Functions (Financial Economics)
- Level:
- GCSE, AS, A Level, IB, BTEC Level 3
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
According to the Bank of England, in a modern economy, money is a type of IOU, but one that is special because everyone in the economy trusts that it will be accepted by other people in exchange for goods and services.
Our subjects
- › Business
- › Economics
- › Geography
- › Health & Social Care
- › History
- › Law
- › Politics
- › Psychology
- › Sociology
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