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Value of money

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Value of money Empty Value of money

Post by sandesh tamang Wed Aug 15, 2012 2:23 pm

the value of money is defined as the quantity of goods and sevices that will be exchanged for one unit of moneythe value of money depend on the level of prices.when price level rises,the value of money falls because the same unit of money can purchases less amount of goods than before.similarly when the price decreases the value of money increases.

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