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Is money a store of value?
No, because the value of money depreciates with inflation.
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.
What is the value of 5 euros in English money?
Euros are the currency that is universal to many countries of Europe. Their value is equal to $1.38, so 5 Euros would convert to $3.62 in American money.
What gives us money its value?
Gold gives money it's value
The relationship between the value of money and the price level?
There is an inverse relationship between value of money and the price level. So if the value of money is low, then the price level is high or if the value of money is high, then the price level is low.
How much is 2000 lbs in US money?
About 3k
3k-5 equals 61 what is the value of k?
K= 18.666666
3k-5 equals 7k plus 7what is the value of k?
3k-5=7k+73k-7k=7+5-4k=12k=-3
How many meters in a 3K?
18000
Is 3k -2 rational?
5
How many miles is a 3k?
1,864 miles.
What is the value of a 45acp9mm p mark 11Made by eagle gun co ink stratford conn US?
THEY ARE RARE 2-3K NOT MANY SURVIVED THE RECALL...
How many miles is a 3k rece?
A 3K race is approximately 1.86 miles. It is a common distance in many running events and is often used in schools and community races. The "K" in 3K stands for kilometers, with one kilometer equaling about 0.62 miles.
When K equals 10 what is the value of this expression 3k?
k = 10 3k = 30 When a number appears next to a variable (like "k") it usually means multiply the number times the variable.
How many miles in3k?
3k is 1.86 miles.
how many people can the dolphin 3K carry?
Yuhgb
3km equals how many meters?
3km= 3k meters k= 1,000 meters 3k= 3,000 meters 3km= 3,000 meters
