0
What else can I help you with?
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.
Describe one way money acts as a store of value?
Money acts as a store of value because it is valuable. Money can be held and spent when something is worth it's value.
How can interest rate affect business?
Interest rates affect the value of money. Businesses depend on money. So when money has a higher value, businesses are happy. When money has a lower value, businesses are not so happy.
What is financial value?
financial value is money you want to keep safe and value
Money value in Argentina compared to American money value?
One USD = 3.5 Argentine Peso Note: Value as of 13 Feb 2009
What does it mean by money loses value isn't money money?
Money can lose value by inflation or gain value through deflation.
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/
Is money a store of value?
No, because the value of money depreciates with inflation.
What is the duration of Value for Money?
The duration of Value for Money is 1.5 hours.
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.
When an object has an inherent value and is used as money that is called?
When an object has inherent value and is used as money, it is known as commodity money. This type of money has value independent of its use as currency.
What gives us money its value?
Gold gives money it's value
When was Value for Money created?
Value for Money was created on 1955-08-09.
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 do business' ensure that customers get value for money?
· How do they ensure customers (students) get value for money?
What does time value of money refer to?
The time value of money is the increase in, or future/prjected value of, an amount of money, due to the implied interest earned on it over a period of time.
