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
2016-12-25 paras001 Check this speaking
2018-08-26 mgrajapt 61.00 Check this speaking
2017-01-12 mgrajapt Check this speaking
2019-11-05 Seema Modak 81.00 Check this speaking
2017-08-04 Maryabb 70.00 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.