1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brilliant_brown [7]
2 years ago
14

What is the difference between currency and money supply

Social Studies
1 answer:
emmainna [20.7K]2 years ago
4 0

Answer:

Money is intangible in origin, that implies it cannot be seen, touched, or smelled, yet its value in terms of numbers is vital and precise. It is a store of value, and its worth rises as the amount of money grows. Currency, on the other hand, is a concrete idea since it can be felt, touched, and has physical worth; currency is an unit of exchange and not a storage of wealth. Currency is mostly employed in international trade and transactions between the two nations. Currency is a promissory note or coin offered in the form of currency. Currency is a means via which money comes to life. The value of a currency when comparison to global currencies, known as the exchange rate, tells us about the country's foreign strategies and how to formulate its money supply. On the other hand, the money supply in a certain nation tells us about the nation's economic and fiscal policies.

You might be interested in
How did the Inca's and Pizzaro interact towards eachother?
snow_tiger [21]
            <span> Pizarro seized the Inca emperor,Atahualpa,massacred the senior Inca nobility,extracted a huge ransom in gold and silver for Atahualpa,then murdered him.Pizarro then went on to conquer an effectively leaderless Inca empire.

Much the same with Cortes and the Aztecs - initially pretending to be friendly,Cortes seized the Aztec emperor,extracted a huge ransom for him before murdering him and,although forced to retreat shortly after by superior numbers,soon returned with Mexican native allies to destroy the Aztec empire and conquer it for Spain.

Cortes' conquest was much harder fought than that of Pizarro,but basically their interaction with the natives was the same - kidnap th leader,extort a ransom,kill the hostage anyway,then attack and conquer their people.</span>
4 0
3 years ago
Why is it important to recognize our humanity in others?
inysia [295]
It is important to recognize our humanity because without humanity, people go back to a more primitive and lawless state. Humanity is important because it helps to control society. Without humanity, people go back to a more primitive and lawless state. 
6 0
3 years ago
Psychodynamic theories emphasize that personality involves a dynamic interaction between
Anastasy [175]

Psychodynamic theories emphasize that personality involves a dynamic interaction between conscious and unconscious mental processes.

In psychology, a psychodynamic theory is a view that explains personality in terms of conscious and unconscious forces, such as unconscious desires and beliefs.

6 0
3 years ago
How was the second continental congress different from the first continental congress?
butalik [34]

The first congress did not yet have the desire for independence, they just wanted to go back to normal, meaning that the laws be repealed. Already the second congress wanted the total independence of England.

3 0
3 years ago
How did the Caste system provide a sense of order in India?
yuradex [85]
The caste system regulated many aspects of live, such as what jobs one would have, whom one could marry and the position in the society.

These were taken to be almost impossible to change and they made the society less flexible, with less changes. People didn't see much change nor did they expect many changes, and this stability gave a sense of order.
7 0
3 years ago
Other questions:
  • Which of the following is a clue that the source man not be reliable and valid?
    11·2 answers
  • Physical activity within schools has _____ over the years.
    14·2 answers
  • "now does he feel his secret murders sticking on his hands." quizalet who is he speaking to
    14·1 answer
  • Cellphones with unique new technology are usually released in the market at a high price since there is no immediate competition
    13·1 answer
  • How did land impact feudal structure
    8·1 answer
  • Explain why the Proclamation of 1763 is considered a cause of the American Revolution.
    12·1 answer
  • 1. A jeepney runs for 3 hours to cover 300 km distance. What is its speed?
    12·1 answer
  • How does Carnival reflect Brazil’s geography?
    9·1 answer
  • What is the effect of diminishing marginal utility on quantity demanded?
    7·1 answer
  • For people to successfully work together and build relationships, they need to have a high degree of ______ in one another.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!