TPO 02 - Question 6

Speaking topics in text

TPO 02 - Question 6

Votes
Average: 8 (4 votes)
This speaking topic by users
Post dates Users rates Contents
2018-09-13 mgrajapt 66.00 Check this speaking
2016-11-03 EugeneDubinchuk 70.00 Check this speaking
2018-07-21 rahul chauhan Check this speaking
2017-01-12 mgrajapt Check this speaking
2016-11-27 mgrajapt 80.00 Check this speaking
Speaking category

Comments

A sample Answer to this speaking in text:

In this lecture, the professor talks about the two definitions of money. The first is broad definition which is anything that people can use to make purchases with. For example, a taxi drive earns five dollars for a taxi ride, he can then use the five dollars to buy some vegetable. While in a barter system, the driver can except vegetable for payment too. The second is narrower definition of money, which is the only legal tender to be accepted in a society. Take the same taxi driver for example, in the United States, only coins and bills are legal tender, so he must except paper bills or coins but vegetable as payment.