Category: 06) Money & Banking

There are several definitions of the supply of money. M1 is narrowest and most commonly used. It includes all currency (notes and coins) in Read more…

The demand for money is affected by several factors, including the level of income, interest rates, and inflation as well as Read more…

Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store Read more…

What is money? Money is any good that is widely used and accepted in transactions involving the transfer of goods and Read more…

Economics Tutorials

06) Money & Banking