Examlex
The state that exists when the probability of success is less than 100 percent and losses may occur is called
Price Level
The economy-wide current average price for its entire range of goods and services.
Supply of Money
The total amount of money available in an economy at a specific time, including currency and deposits.
Value of Money
The purchasing power of monetary units, indicating how much goods or services one unit of money can buy; it generally decreases with inflation.
Money Demand
The desire of households and firms to hold cash for the purposes of transactions, precaution, and speculation.
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