Legal Tender, High-Powered Money And Fiduciary Money
https://DevCourseWeb.com
Published 12/2023
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 2.12 GB | Duration: 1h 12m
Legal tender, Bitcoin & Cheques are legal tenders? Meaning of High Powered Money and Fiduciary Money
What you'll learn
Legal tender, High-Powered Money and Fiduciary Money
What is the meaning of Legal tender in the context of currency?
What are the two types of legal tender money?
Whether bitcoin and cheques are legal tender money?
What is the meaning of High-Powered Money and Fiduciary Money?
How does the Central Bank exert control over the dynamics of high-powered money?
Requirements
Basic understanding of economic principles such as supply and demand, inflation and interest rates