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What are the minor monetary units in Mexico called?
The centavo is the only minor monetary unit of the Mexican peso. It represents the hundredth part of the peso, just as the cent is the hundredth part of the dollar (such as those issued by the US, Australia, and Hong Kong). The Mexican Mint currently issues fractional coinage in denominations of five, ten, twenty, and fifty centavos.
Economic variables whose values are measured in monetary units are called?
Nominal Variables
Why has Brazil had so many different monetary units?
because the very inflations . and the inportant information about monetary units is in brazil , people speak portuguese . brazil' s monetary unit is the real . since 1986 brazil has had six difeffent monetary units , that is because of the inflation
What is the the monetary units in Mexico?
Peso
What are the monetary units in Asia?
There are many countries in Asia, each with its own currency units.
What is the use of gold and silver as monetary units?
Bimetallism.
What is 60 cents?
It's the monetary units of 60.
What is mean by Monetary Unit mean?
Dollars cents drachmas euros and rubles are all monetary units.
What monetary units does Sweden use?
Swedish krona (SEK).
What isThe expression of transactions in money units?
Monetary principle
What are the nominal variables in economics?
Variables measured in monetary units
Use of both gold and silver as monetary units?
Bimetallism
