Money is a medium of exchange that is widely accepted in transactions. It serves as a unit of account, a store of value, and a standard of deferred payment in the economy.
functions and roles of price in our economy in tanzania
nothing
when u have money for devoloped annd not
We have these rates mainly to make equivalent exchange between countries' currency. They also serve to allow consumers to see how a country's economy is doing.
money economy is all about money u spend and all the money the economy such as cash;coins By:Ayesha
money economy is an economy money
functions and roles of price in our economy in tanzania
nothing
The word 'economy' is a noun form, a word for the wealth and resources of a country or region; a word for careful use of money and goods; a word for a thing.The word 'economy' also functions as an adjective, used to describe a noun (an economy car; an economy package).
when u have money for devoloped annd not
Tourism functions as an economy builder by bringing money into the area. Tourism creates jobs that provide employment opportunities. It also gives people the opportunity to enjoy other countries.
We have these rates mainly to make equivalent exchange between countries' currency. They also serve to allow consumers to see how a country's economy is doing.
money economy is all about money u spend and all the money the economy such as cash;coins By:Ayesha
what are the function of the service sector of the economy
If an economy uses gold as money, it's money will be coins.
Printed money has the ability to have its value easily changed since its tender is fiat, meaning that it does not need to have hard production backing its value. The ability to put or remove money from the economy is useful in macroeconomics because it allows countries to use monetary policy to affect their outcomes.
Explain the derivative functions of money?