10 Best paying jobs in commercial banks
Banking is a really good carrier path. We are sure that most of you are interested in to do a…
How to calculate comparative advantage?
Comparative advantage is an economy’s ability to produce a particular good or service at a lower opportunity cost than its trading partners.To…
Comparative advantage vs competitive advantage
Comparative advantage vs competitive advantage: Comparative advantage means a nation’s ability to generate a good or service at a lower…
Virtual Currency – How to Work, Types, Examples, Pros & Cons
What is virtual currency/ Virtual money/ Virtual cash? Virtual currency is a type of the digital currency that are issued…
What is Representative Money with Examples?
What is representative money? Representative money is a token or certificate and it represents the value of a commodity. Usually…
What are the main three functions of money?
Money is a medium of exchange that is centralized, generally accepted, recognized, and facilitates transactions of goods and services. Following…
What is the money demand curve with shifters of it?
What is the money demand curve? The money demand curve shows the aggregate quantities of money demanded by people in…
Money Demand Definition and Three Motives of Demand for Money
Money demand definition The money demand means the aggregate amount of money that firms and individuals of an economy keep…
Money Market Graph with Demand, Supply and Equilibrium
Money market graph shows the money market demand and supply forces and equilibrium of the money market. What is money…
7 Stages of the Evolution of Money
What is the evolution of money? Bartering was a difficult way to exchange goods and services. As a result, people…
