Question
Author Anna Schwartz writes this about money: The U.S. money supply comprises currencydollar bills and coins issued by the Federal Reserve System and the Treasuryand
Author Anna Schwartz writes this about money: "The U.S. money supply comprises currencydollar bills and coins issued by the Federal Reserve System and the Treasuryand various kindsof deposits held by the public at commercial banks and other depository institutions such as savings and loans and credit unions." (Schwartz,n.d.)
In this threaded discussion, complete the following:
1)Discuss the concept of money. Begin by defining the functions of money and explain how currency meets these functions.
2) Explain the concept of bartering. Explainwhether bartering does or does not meetall ofthe functions of money.
3) Historically,a number ofthings other than coin and currency have been used as money. Using outside research, provide an example of something else that has been used as money, and explain when and where it was used. Do not use the examples given in the text.
4) Think about how Scripture influences our attitudes and actions towards money. Which Bible verses related to money challenge you the most?Which biblical concepts have helped form how you think about and act with your money? Explain.
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