What determines the value of money?
| October 26, 2020 | Education
The value of money is the purchasing power of a monetary unit, the amount of goods and services that can be purchased for a monetary unit at the prevailing level of market prices.
Remember: The process of learning a person lasts a lifetime. The value of the same knowledge for different people may be different, it is determined by their individual characteristics and needs. Therefore, knowledge is always needed at any age and position.