Edexcel AS level economics macro
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Edexcel AS level economics macro Self Sufficiency - Answer-Poverty Specialisation - Answer-Prosperity What does money allow us to do? - Answer-Money allows us to buy goods and services What does money allow? - Answer-it allows individuals and firms to specialise in production without needing to barter for the goods they want, requiring a double coincidence of wants Functions of money - Answer-A medium of exchange - can be used to buy goods and services - includes payments for f...