Articles liés à A Text Book on Money Banking

A Text Book on Money Banking - Couverture souple

Biradar, Dr Jagadish

 
9780359676729: A Text Book on Money Banking

Synopsis

Money is a commonly accepted medium of exchange. Economic exchanges without the arbitration of money are called barter exchanges. Barter exchanges become extremely difficult in large economies because of the high costs people would have to incur looking for suitable persons to exchange their surpluses with. Money also acts as a convenient unit of account. The value of all goods and services can be expressed in monetary units.

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