Students examine different types of currency, examining the advantages and disadvantages of bartering for goods, ‘commodity money’ such as gold or salt and ‘fiat money’, such as coins and notes. They read about what services banks offer, why we use them and how they make money. Listening exercises focus on the history of money and how to tell counterfeit money from the real thing.
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Money and banksPDF, Size 0.34 mb
Money and Banks - Answer KeyPDF, Size 21.99 kb
Exercise C: CurrencyOther, Size 0.61 mb
Exercise F: Counterfeit notesOther, Size 1.14 mb
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