The economic properties of money—such as durability, portability, divisibility, uniformity, limited supply, and acceptability—are closely related to its functions as a medium of exchange, unit of account, and store of value. For instance, durability ensures that money can withstand physical wear, facilitating its use in transactions. Portability allows for easy transfer between parties, while divisibility enables transactions of varying sizes. These properties collectively enhance money's effectiveness in fulfilling its roles in the economy.
related to money related to money
Money is often defined in terms of the three functions or services that it provides. Money serves:1. As a medium of exchange2. As a store of value, and3. As a unit of account
A economic want is what is desired being related to politics trading systems or money system as well. For example 'An economic want of America is to have lower gas prices.'
The more money you have, the less carbohydrates you eat. The less money you have, the more carbs you eat.
This is called "economic satisfaction" or economic security. Some characterize it as false satisfaction. Similarly the term "employee satisfaction" is often related to income, but not entirely.
related to money related to money
Economic
Money is often defined in terms of the three functions or services that it provides. Money serves:1. As a medium of exchange2. As a store of value, and3. As a unit of account
A economic want is what is desired being related to politics trading systems or money system as well. For example 'An economic want of America is to have lower gas prices.'
Explain the derivative functions of money?
The more money you have, the less carbohydrates you eat. The less money you have, the more carbs you eat.
This is called "economic satisfaction" or economic security. Some characterize it as false satisfaction. Similarly the term "employee satisfaction" is often related to income, but not entirely.
You can make money from advertising rental properties if the owner of the properties is willing to pay you.
in economics we study about economic activities , as we know business is not possible without economic concern like money ,financial activities so both are directly interrelatd.
Money is any object 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. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment.[4][5] Any kind of object or verifiable record that fulfills these functions can be considered money.
Economic = to do with money Economical = something that is money-saving
The amount of money that a middle aged person earns has little or nothing to do with age, and is more related to education, experience, the field of activity (or the functions that person provides.)