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How do we evaluate the value of money?

Supply and demand verifies the value of a currency. If demand is high, the value rises, and vice versa. Factors that affect supply and demand contain the following: • Interest rates • Inflation • Balance of trade • Economic growth • Market speculators • Government budget deficits/surpluses   

 

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9574844

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