Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered money.
|1. $.01 = 1C||2. $.05 = 5C||3. $.10= 10C|
|a penny / 1 cent||a nickel / 5 cents||a dime / 10 cents|
|4. $.25 = 25C||5. $.50 = 50C||6. $1.00|
|a quarter / 25 cents||a half dollar||a dollar coin|
7. $1.00 8. $5.00 9. $10.00
a dollar five dollars ten dollars
10. $20.00 11. $50.00 12. $100.00
twenty dollars fifty dollars one hundred dollars
A. Get change. B. Borrow money. C. Lend money. D. Pay back the money
Make new conversations.
A:Do you have change for a dollar?
B: Sure. How about two quarters and five dimes?
A. How much is a penny worth?
B. A penny is worth one cent.
A. Soda costs ninety-five cents.Do you have enough change?
B. Yes. I have a/two/three dime(s)
A. I’m going to the supermarket.Do you have any cash?
B. I have a twenty-dollar bill.
A. Twenty dollars is enough. Thanks.
A. Can you change a five-dollar bill/a five?
B. Yes. I have five one-dollar bills/ five ones.
Think about it. Discuss.
1. Is it a good idea to lend money to a friend? Why or why not?
2. Is it better to carry a dollar or four quarters? Why?
3. Do you prefer dollar coins or dollar bills? Why?