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Currency

Published on Nov 18, 2015

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PRESENTATION OUTLINE

CURRENCY

Photo by c_ambler

DEFINITION

  • The coins and paper bills used as money
  • it acts as a medium of exchange, a store of value, and a standard of value.
Photo by epSos.de

EXAMPLES

  • Bills, coins,gold, and papernote
Photo by Ian Aberle

HOW IT WORKS

  • Currency can be either fiat or tied to an underlying asset
  • Issued by government and circulated within an economy

Why it Matters?
Currency serves an important role in an economy. It acts as a medium of exchange, a store of value, and a standard of value.

ABOUT CURRENCY

  • Many countrys have different types of currency
  • Also have different values
Photo by epSos.de

USES

  • traded between nations in foreign exchange markets
  • Purchase things
Photo by lgkiii