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Money What is money? Anything people will accept in place of the goods and services they seek to obtain. Money is a stock of assets that can be readily.
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© OnlineTexts.com p. 1 Chapter 14 Econ104 Parks Money and Banking.
The international monetary system
Outline
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MONEY AND INFLATION. 25-2 In this chapter you will learn : Money: Definition and functions The quantity theory of money The classical theory of inflation.
What is the future of international finance?