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Value for Money was created on 1955-08-09.
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Money serves as a standard to place value on goods and services what is created?
unit of account
What is the difference between a commodity form of money and token money?
A commodity form of money is when the value of the money is determined by the intrinsic worth of what makes it. For example, if the money is salt (as was used by the Roman empire) then the value of the money is the same as the value of the same weight of salt in another form. A token form of money is when a form of money (for example a coin) is created that has little or no intrinsic value, but has value because a company or person has agreed to exchange the token for a good or service of value. One example is bus tokens - small coins that can be presented on buses in exchange for transportation.
What does it mean by money loses value isn't money money?
Money can lose value by inflation or gain value through deflation.
What are the lmpacts of money on human development?
IMPACTS OF MONEY ON HUMAN DEVELOPMENT:Money is an instrument created by human beings for social development.The value of money created is based on the productivity and wealth of the society, both past and future.Money plays a crucial role in development. Money is the product of organization.
What is the difference between fiat money and token money?
Token money is a type of money whose intrinsic worth is less than its nominal value eg its value as money is less than its value as metal while fiat money is a type of money which intrinsic value is more than its nominal value.
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/
What is the duration of Value for Money?
The duration of Value for Money is 1.5 hours.
Is money a store of value?
No, because the value of money depreciates with inflation.
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.
What gives us money its value?
Gold gives money it's value
When was I Get Money created?
I Get Money was created in 2006.
When was In It for the Money created?
In It for the Money was created in 1996.
