Changes

==Economic Properties of Money==

==Economic Properties of Money==

Money is defined as something which serves as a means of exchange, a store of value, and a unit of account. The currency which serves as money may be backed by some tangible commodity, such as the [[GOld Standard]], or may be [[fiat money]], such as [[Federal Reserve]] notes. Alternatively, trade may be carried on using commodity pay, wherein existing commodities are assigned exchange values but not explicitly designated as money.

Money is defined as something which serves as a means of exchange, a store of value, and a unit of account. The currency which serves as money may be backed by some tangible commodity, such as the [[Gold Standard]], or may be [[Fiat Money]], such as [[Federal Reserve]] notes. Alternatively, trade may be carried on using commodity pay, wherein existing commodities are assigned exchange values but not explicitly designated as money.

==Money Neutrality and the Money Market==

==Money Neutrality and the Money Market==