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Price indices are used to measure the general price level change in an economy. Price levels are calculated periodically using a price index and compared with previous years. The price index usually contains select goods and services that affect consumer spending, these include food and drink, household goods and services, clothing, etc.
What else can I help you with?
What is the value of your money from Berlin?
If its Euro money, then its abaut ~1.2 $ per unit. If it's old German DM (Deutshmark) then I think you will have a problem to change it....its osbsolute....and its value I think is half as euro.
What is paper money issued by the government called?
Fiat money. This is money that has no tangible value. An alternative is gold, which in itself has tangible value.
Is there any value to German money from world war 2?
there is value to german money from ww2 but only because it's money
What is it called when the value of money drops?
That's simple! Inflation. Money has less value, and to compensate it, product prices have to be higher.
Why did the plains farmers favor bimetallism?
Farmers supported bimetallism simply because more money would be in circulation. Therefore, the prices would rise, value of money would decrease, so more people would have money. In the 1800's, farmers had a rough time with debt, therefore more money would mean the value would decrease.
What mean money as ameasure of value?
Money is recognized as a measure of value as the value and amount of money measures the value of a specific product or service. http://www.datadubai.com/
How did money change?
Money changes bacause of value.
What are the 3 main fuctions of money?
Money as a Medium of Exchange, Money as a Measure of Value, Money as a Store of Value.
What functon of money allows the monetary unit of a country to serve as a unit in which the value of all goods and services can be measured?
Money as a measure of value is the function of money.
What time value of money concept is used to measure the carrying value of investments in bonds?
bonds valuation is the TVM concept used to measure the carring value of investments in bonds.
When economists use dollars to count the total value of goods and services they are using money as a?
Measure Of Value
This function of money allows the monetary unit of a country to serve as a unit in which the value of all goods and services can be measured.?
standard of valueThe function of money as a measure of value.
1000 bin turk lirasi money change value in Philippine money?
Buy a cow with your money.......................
How do you add money to increase the amount of money in a money order?
You cannot. Money Orders are fixed value monetary instruments. You cannot increase the value of a money order. Once issued, its value does not change. If you wish to increase the value, you have to cancel the existing money order and request for a fresh money order with the new/increased value.
How do you Change foreign money?
There are websites that can give you the value. To change the money, you have to go to a currency exchange. They have them at international airports and in big cities.
When economists say that money is a store of value does it mean that money can be used to measure the value of other commodities?
Money has three functions, being a: 1) store of value; 2) unit of account; 3) medium of exchange. The first, a store of value, implies that money maintains and stores its value over time - unlike many other mediums of exchange, which can depreciate. Money is intended to be storeable, retrievable, and reuseable as a medium of exchange itself. Therefore, being a store of value does not mean that money can be used to measure the value of other commodities - that is its third function, medium of exchange.
A measure of the gravitational force exerted on an object its value can change with the location of the object in the universe?
Weight
