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World Order of Non - Credit Money

Money available in a society often changes hands, passes from owner to owner and from account to account. It is used to sell and buy goods and services, as well as to make other transactions. It constitutes the quantity of money in circulation. The quotient of value of national product (PQ) made in a year and quantity of money in circulation (M) is called an average velocity of money circulation (V).


Blog: http://non-credit-money.s mirkingwhale.com/

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Description

Money available in a society often changes hands, passes from owner to owner and from account to account. It is used to sell and buy goods and services, as well as to make other transactions. It constitutes the quantity of money in circulation. The quotient of value of national product (PQ) made in a year and quantity of money in circulation (M) is called an average velocity of money circulation (V).


Blog: http://non-credit-money.s mirkingwhale.com/

Word_16x16 3 Pages

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3 months

ago
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Non - Credit Money Group_add

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