clearly value, price, real wages, and cost of
- Define real wages, money wages, cost of labor.
Money.
- Point out the difference between the scientific and popular conceptions implied in the terms wealth and money.
- Show the fallacy of confounding capital with money. Can there be a glut of capital?
- What is money? To what sort of necessity does it owe its existence? What articles have been used for money? Enumerate the qualities which render a commodity fit to serve as money.
- What are the qualities requisite in any commodity in order that it may serve as money?
- Distinguish accurately between the functions of money.
- How far is