Economy, asked by jboyflores14, 6 months ago

Explain what determines the value of a currency.

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Answered by ram664219

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Answered by sebastianhere

1

Answer:

The value of money is determined by the demand for it, just like the value of goods and services. There are three ways to measure the value of the dollar. The first is how much the dollar will buy in foreign currencies. They take into account supply and demand, and then factor in their expectations for the future.

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