What Is Money Short Answer The money supply of a country comprises all currency in circulation banknotes and coins currently issued and depending on the particular definition used one or more types of bank money the balances held in checking accounts savings
Jul 29 2025 nbsp 0183 32 Money a commodity accepted by general consent as a medium of economic exchange It is the medium in which prices and values are expressed as currency it circulates anonymously from person to person and country to country thus facilitating trade and it is the principal measure of wealth Oct 14 2024 nbsp 0183 32 What Is Money Money is any item or medium of exchange that symbolizes perceived value
What Is Money Short Answer
What Is Money Short Answer
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Jun 19 2024 nbsp 0183 32 Early currency was usually commodity money made of something valuable such as gold Later on money consisted of banknotes that could be exchanged against gold or silver MONEY definition 1 coins or notes special pieces of paper that are used to buy things or an amount of these Learn more
Money What is meant by Money Learn about Money in detail including its explanation and significance in Finance on The Economic Times Learn all about what is money with Money Mentor the beginners guide to personal finance saving investing and achieving financial freedom
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Feb 16 2019 nbsp 0183 32 Money is a medium of exchange that is recognized and used for trading goods and services There are different types of money but credit cards are not considered money What is Money Money refers to any verifiable record that is accepted as a medium of exchange for payment of goods and services and repayment of debts in a specific country Throughout
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What Is Money Short Answer - MONEY definition 1 coins or notes special pieces of paper that are used to buy things or an amount of these Learn more