Macroeconomics 4


In  addition your answers must prescribe to APA format.. You must submit a  cover page, each question in a page by itself, and your references page  must be also in a page by itself.  And, please do not forget to  reference your in-text.  Lastly your assignment must be submitted via  "Safeassign" in order to obtain your max points your work must be  original in at least 70%.

Answer the following questions:

 - What are the three important functions of money? Define each one of them.

-  Why is universal acceptability such an important characteristic of  money? What other characteristics can you think of that might be  important to market participants.

- In acting as financial intermidiaries, what needs and desires of savers and borrowers must banks consider?

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