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MONEY



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Sinopse

Money is any generally acceptable medium of exchange. Modern money is a legal tender, a currency that is recognized in law as an acceptable medium of payment of debts. It is in this lucid manner that this book will teach you money. It clearly explains the types of money. They include commodity money, coins, metal money, bank notes, bank deposits and fiduciary issues. It analyzes the functions of money. This being so, money serves as a medium of exchange, a store of value, a standard of deferred payment and a unit of account. It appraises the features of money. This being so, money must be acceptable, divisible, uniform, relatively scarce, stable and durable. It discusses the supply of money. It points out the factors that influence the supply of money. It evaluates the demand for money. It identifies the three motives for holding money. It points out the factors that influence the demand for money. It clearly explains the price level and the value of money. It identifies the price index as a measure of the value of money. It analyzes the quantity theory of money. It highlights the importance of the quantity theory of money in economic analysis. It appraises inflation. It throws light on the types of inflation. It examines the causes, effects and control of inflation in an economy. And it evaluates deflation. It throws light on the types of deflation. It examines the causes, effects and control of deflation in an economy.

Detalhes do Produto

    • Ano de Edição: 2017
    • Ano:  2017
    • País de Produção: Canada
    • Código de Barras:  2001121031032
    • ISBN:  9781370212507

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