Money

Siller or money is onything that is for ordinar accepted in payment for guids an services an in repayment o dets.[1] The main uises o siller are as a medium o exchynge, a unit o accoont, an a store o vailyie.[2]

Currency

A currency is a unit o exchynge, faceelitatin the transfer o guids an services. It is a form o siller, an it is conseedert a store o vailyie bi mony fowk an aw, that's shaped bi a claim tae its central baunk assets. A currency zone is a kintra or region that haes a specific currency as the dominant medium o exchynge. For tae faceelitate troke atween currency zones, thare's exchynge rates i.e. prices that currencies (an the guids an services o indiveedual currency zones) can be exchynged agin ilk ither for. Currencies can be classifee'd as aither fleetin currencies or fixed currencies based on their exchynge rate regime. In common uiss, currency whiles refers anerly tae paper money, as in "cunyies an currency", but this is misleadin. Cunyies an paper money is baith forms o currency.

See forby

References

  1. ↑ Mishkin, Frederic S. (2007). The Economics of Money, Banking, and Financial Markets (Alternate Edition). Boston: Addison Wesley. p. 8. ISBN 0-321-42177-9.
  2. ↑ Mankiw, N. Gregory (2007). Macroeconomics (6th ed.). New York: Worth Publishers. ISBN 0-7167-6213-7.

Content Disclaimer

Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.

  1. The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
  2. There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
  3. It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
  4. Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
  5. Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.