Economy, asked by Bilalgreat, 1 year ago

please explain in briefly what is money credit.​

Answers

Answered by shravani3044
0

money is a important discovery that had made day to day transcation and money is a medium exchange


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Answered by MrEccentric
1
  • Money is defined as something which is accepted by all to purchase goods are commodities and to repay the loans. It acts as a medium of exchange, unit of account, and a storage of value...
  • Credit or Loan is defined as an agreement in which the lender supplies the borrower with money, goods, or services, in return for the promise of future payment...

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