Money Prices and Inflation

Overview


Money is unit the exchange in an economy, that is, the price of good or service is denominated in terms of a given currency.
{% Price = \frac{1 \; unit \; product}{amount \; of \; currency} %}

Topics


  • Money
  • Prices
  • The Financial Markets When a agent in the economy has more money than they need to provide for their expected near term consumption needs, they often seek to deploy that money productively in order to earn a return on their idle funds. The Financial Markets are designed to facilitate this search for investment oppurtunities. Insurance

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