Page 27 - University English for non-speacalist
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Money
Money has various uses in the modern world: it
is a measure of the value of goods and services, a
means of exchanging such goods and services, and a
way to store up buying power so that one can use it
later.
As a measure of value, it is of the very greatest
use. If I work in an office, how can my employer
know what to pay me for my services if there is no
generally recognized measure of value? He may
decide to pay me a certain number of loaves of bread
each week; but then I shall have to exchange some of
these loaves for other things that I need; and how am
I to know how many loaves I should give for a pair of
shoes or for the rent of my house, for example?
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