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Why is it important for money to be durable and limited supply?
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∙ 8y ago
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∙ 8y ago
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What are the 6 characteristics of money?
Money has many characteristics but I think the most important one would be common acceptability. The functions of money are common medium of exchange, store of wealth, measure of value/wealth, means of differed payments. Money has many characteristics but I think the most important one would be common acceptability. The functions of money are common medium of exchange, store of wealth, measure of value/wealth, means of differed payments.
What are the characteristics of money?
durability, portability, divisibility, uniformafy, limited supply, acceptability
What Six characteristics of money?
Currency, durability, portability, divisibility, uniformity, limited supply, acceptability.
What is the purpose of the monetary standard?
without monotary standard there would be no system of which to conrol money and keep it in order. the purpose of monotary standard is to keep money supply durable, portable, divisable, and stable in value.
What is the belief that the money supply is the most important factor in macroeconomic performance?
monetarism
What are the 6 characteristics of money?
Money has many characteristics but I think the most important one would be common acceptability. The functions of money are common medium of exchange, store of wealth, measure of value/wealth, means of differed payments. Money has many characteristics but I think the most important one would be common acceptability. The functions of money are common medium of exchange, store of wealth, measure of value/wealth, means of differed payments.
What are the characteristics of money?
durability, portability, divisibility, uniformafy, limited supply, acceptability
Why was the creation of a national bank so important to the U.S economy?
The national bank controlled the money supply
What Six characteristics of money?
Currency, durability, portability, divisibility, uniformity, limited supply, acceptability.
What is the purpose of the monetary standard?
without monotary standard there would be no system of which to conrol money and keep it in order. the purpose of monotary standard is to keep money supply durable, portable, divisable, and stable in value.
What is the belief that the money supply is the most important factor in macroeconomic performance?
monetarism
The belief that the money supply is the most important factor in macroeconomic performance is?
Monetarism ;)
Why is stable money supply important?
It is important because it provides confidence to the market so people would buy goods.
Why was the creation of a national bank so important to the economy?
The national bank controlled the money supply
Why was the creation of a bank so important to the us economy?
The national bank controlled the money supply
Why was the creation of a national bank to important to the us economy?
The national bank controlled the money supply
Why was the creation of a national bank important to the US economy?
The national bank controlled the money supply
