Discussion: Money and Banking
Respond to the following prompt in a post with a minimum of 200 words, then comment on at least TWO other posts.
Consider the following items:
Which of these items is the best example of money? Which is the worst? How would you order the list from most money-like to least money-like? Explain your reasoning.
Consider the following items:
- Gold Coins
- Grocery Store Coupons
- Funds in a checking account
- Funds in a savings account
- 100 shares of Google stock
- Food Stamps
Which of these items is the best example of money? Which is the worst? How would you order the list from most money-like to least money-like? Explain your reasoning.
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