Money

 

 

 

https://www.youtube.com/watch?v=ACSMsSAK_GY&list=PLD7C33AB80B405B9A

1. What is money? Discuss the characteristics of money as medium of exchange, unit of account, store of value, and means of deferred payment.

2. Define M1 and M2

3. Describe the money multiplier and explain how it works.

 

This question has been answered.

Get Answer