Durekhan Durekhan

19-09-2020
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Explain brefy the relationship between value of money and prices of things

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hadeelalniamia hadeelalniamia

20-09-2020

Answer:

The quantity theory of money states that the value of money is based on the amount of money in the economy. Thus, according to the quantity theory of money, when the Fed increases the money supply, the value of money falls and the price level increases.

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yoshinoxia yoshinoxia

09-01-2022

Answer:

The value of money in a modern country is the amount of goods or services that can be purchased. The price level is a comparison between a fixed, base...

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