Accountancy, asked by vedantspatel2468, 1 month ago

what is stable value of money ? answer in one sentence​

Answers

Answered by kajal13200607
0

Answer:

The value of money, then, is the quantity of goods in general that will be exchanged for one unit of money. The value of money is its purchasing power, i.e., the quantity of goods and services it can purchase. What money can buy depends on the level of prices. When the price level rises, a unit of money can purchase less goods than before. Money is then said to have depreciated. Conversely, a fall in prices signifies that a unit of money can buy more than before.

Answered by jyotikumari2212166
1

Answer:

The fix value of the currency in the particular area without having the increasement or decreasement.

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