This preview shows page 1. Sign up to view the full content.
Unformatted text preview: greater the demand, the more that currency will cost. 5. Why don't we use beanie babies as currency? It could be used as currency technically; however, this could cause chaos in that the beanie cannot be made into smaller units. People could change their mind and decide that they like another product more, like Furbies, and then the beanie babies would lose their value. 6. Which function of money would a beanie baby have problems fulfilling? The beanie baby can neither be divided not used as an exchange unit. 7. Why aren't Disney Dollars accepted outside the Disney theme parks? It's not a standard of value, which means that the money may not be acceptable elsewhere....
View Full Document
- Spring '06
- Monetary Policy