Page "Price" Paragraph 1

In modern economies, prices are generally expressed in units of some form of currency.

( For commodities, they are expressed as currency per unit weight of the commodity, e. g. euros per kilogram.

) Although prices could be quoted as quantities of other goods or services this sort of barter exchange is rarely seen.

Prices are sometimes quoted in terms of vouchers such as trading stamps and air miles.

In some circumstances, cigarettes have been used as currency, for example in prisons, in times of hyperinflation, and in some places during World War 2.

In the black economy, barter is also relatively common.