ECO 203 Week 4 Discussion 1 | Assignment Help | Ashford University
- ashford university / ECO 203
- 20 Oct 2020
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ECO 203 Week 4 Discussion 1 | Assignment Help | Ashford University
Week 4 - Discussion 1
Money and Its Functions
Prior to beginning work on this
discussion, read Alejandro Chafuen’s article, Moralists
and Money: From Gold to Bitcoin , and respond to the following
components:
·
Define money and describe its functions.
·
Is money a root of all evil? Why or why not?
·
How are paper money (fiat) and commodity money different? How can paper
money be validly used as money?
·
Are credit cards money? Why or why not?
·
Are cryptocurrencies such as Bitcoin, Ethereun, Ripple, Litecoin,
Monero, money? Why or why not? Discuss thoroughly.
Your initial post
should be a minimum of 300 words.
Guided Response: Respond substantively (a minimum of
100 words) to at least two of your classmates’ posts. What is different or
similar between your post and your classmates’ posts? What advice could you
offer your classmates? Substantive responses use theory, research, and
experience or examples to support ideas and advance the class knowledge on the
discussion topic.