Handbook of Monetary Economics Volume 1 (Handbook of Monetary Economics)
Contributors: Benjamin M. Friedman (Editor); F.H. Hahn (Editor)
Publisher: North Holland
Published: November 1, 1990
Language: eng
Number of pages: 750
ISBN-13: 9780444880253
First sentence: Of the three commonly acknowledged roles that money plays - unit of account, store of value and medium of exchange - it is in the last role as a facilitator of transactions, or essential lubricant to the mechanism of exchange, that money first comes to our attention.