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Economics

Understanding Money: Functions, Definitions, and the Quantity Theory of Money

Money is essential to economies—serving as a medium of exchange, a store of value, and a unit of account. This article examines its historical development, key functions, and how the quantity theory of money explains the relationship between the money supply and inflation.

Ned Krastev by Ned Krastev 4 min read
Trading & Investing
Risk Aversion and Implications for Portfolio Selection
Ivan Kitov by Ivan Kitov 4 min read
Career AdviceKnowledge Hub
6 Finance Resume Mistakes
Ivan Kitov by Ivan Kitov 3 min read

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