Question

the value of money is
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Answer 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. That's what the exchange rate measures. ... That is the amount of dollars held by foreign governments.

Answer 2

Question:

the value of money is...

Answer:

• The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later.

Explanation:

It may be seen as an implication of the later-developed concept of time preference.

$pv = \: \binom{fv}{1 + r}$

PV = present time value

{FV} = future value

r = rate of interest

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