1. Explain, in a sentence or two for each, the three functions of money? Give an example of how you have used money for each function in your personal finances. (6 points) 2. In my notes I discuss the Gold Standard, why some people want the United States to return to it, but why most economists oppose it. What do you think is the best argument in favor of a Gold Standard, and the best argument against the Gold Standard? Then tell me if you think we should return to a Gold Standard or not. (6 points) 3. Give one example of when you have bartered goods for goods. Your example may include services instead of goods. (2 points) 4. During World War II, cigarettes were used as a form of money by Allied prisoners of war being held in Germany. Consider the desirable properties of money I discuss and tell me how cigarettes did or did not have these desirable properties. Please note I am not asking you to discuss the three functions of money (medium of exchange, unit of account, and store of value) but the desirable properties of money discussed in the notes. You should discuss at least 4 of the properties. (4 points) 5. What is the orthodox story of why money was invented, and what is the heterodox story of why money was invented?.(4 points) 6. In that same section, I argue that granting women the right to vote is one of the three most important events in U.S. History. What do you think I consider the other two events to be? (Hint: neither of the other two occurred during the Progressive Era). (4 points) 7. In the notes, what do I argue should be your first priority when you begin financial planning, and why? (4 points)