{"id":468,"date":"2015-05-05T04:15:23","date_gmt":"2015-05-05T04:15:23","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterymacro1xngcxmaster\/?post_type=chapter&#038;p=468"},"modified":"2018-03-23T22:47:04","modified_gmt":"2018-03-23T22:47:04","slug":"learning-outcome-defining-money","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/oldwestbury-wm-macroeconomics\/chapter\/learning-outcome-defining-money\/","title":{"raw":"Introduction to Defining Money","rendered":"Introduction to Defining Money"},"content":{"raw":"<h2>What you'll learn to do:\u00a0define money, explain the functions of money, and define liquidity<a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2043\/2015\/05\/08183916\/5856660723_354647e411_o.jpg\"><img class=\"aligncenter wp-image-9691 size-medium\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2043\/2015\/05\/08183916\/5856660723_354647e411_o-300x225.jpg\" alt=\"Money from around the world.\" width=\"300\" height=\"225\" \/><\/a><\/h2>\r\nYou\u00a0use money\u00a0nearly every day, but in this section, you will take a deeper look at what money really is\u2014what it represents, why it has value, and what purpose it serves.\r\n\r\n&nbsp;","rendered":"<h2>What you&#8217;ll learn to do:\u00a0define money, explain the functions of money, and define liquidity<a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2043\/2015\/05\/08183916\/5856660723_354647e411_o.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9691 size-medium\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2043\/2015\/05\/08183916\/5856660723_354647e411_o-300x225.jpg\" alt=\"Money from around the world.\" width=\"300\" height=\"225\" \/><\/a><\/h2>\n<p>You\u00a0use money\u00a0nearly every day, but in this section, you will take a deeper look at what money really is\u2014what it represents, why it has value, and what purpose it serves.<\/p>\n<p>&nbsp;<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-468\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li><strong>Authored by<\/strong>: Steven Greenlaw and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">Public domain content<\/div><ul class=\"citation-list\"><li>Money from around the world. <strong>Authored by<\/strong>: TaxRebate.org.uk. <strong>Provided by<\/strong>: flickr. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/www.flickr.com\/photos\/59937401@N07\/5856660723\">https:\/\/www.flickr.com\/photos\/59937401@N07\/5856660723<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/about\/pdm\">Public Domain: No Known Copyright<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":74,"menu_order":2,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"\",\"author\":\"Steven Greenlaw and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"pd\",\"description\":\"Money from around the 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