Money
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show | Direct exchange of goods and service for other goods and services.
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Eurozone | show 🗑
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show | Money is divisible, portable, homogenous, transferable, durable, a unit of account, scarce. Money should be generally accepted as payment for goods and services.
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show | Money is a medium of exchange, acts as a store of wealth, acts as a standard of deferred payments and money is a common denominator.
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What is near money | show 🗑
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Monetary Policy | show 🗑
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show | A reduction in the availability of loans to businesses and individuals and/or the imposition of more severe conditions on the granting of loans.
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Fractionally backed | show 🗑
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Gold Standard | show 🗑
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show | Money that must be accepted for payment of a purchase or in settlement of a date.
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show | The country's official holdings of gold, foreign currencies and other reserves held as security against the issue of the euro.
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Plastic Money | show 🗑
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Reserve Ratio (Primary Liquidity Ratio or Cash ratio) | show 🗑
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Token Money | show 🗑
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Fiduciary issue | show 🗑
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Money | show 🗑
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show | Cash (notes and coins), cheques, electronic payments/plastic money, ATM cards, Debit cards, credit cards
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ECB | show 🗑
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show | 1) maintains price stability (inflation at or below 2%) by adjusting the base ECB interest rate.
2) Formulate & implements EU monetary policy
3)manages the official reserve of the euro area countries.
4)Financial stability&supervision
5)issues euro
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show | is the amount of money in respect of its short term deposits that banks are required to keep in cash
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Capital adequacy ratio | show 🗑
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M1 Money Supply | show 🗑
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M2 Money supply | show 🗑
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show | M2 plus all other loan instrument up to 2 years (repos, money market securities, debt securities up to 2 year maturity)
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show | profitability and liquidity
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Popular Economics sets