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Wednesday, 5 September 2012

Value of Money

Value of Money :

 Money itself may be quite valueless. It can be explain with an example: the intrinsic value of a rest. 100/- note may be zero. After all, it is only a piece of paper But its value arises from the fact that it is capable of purchasing. The value of money, thus lies n its buying capacity. The grater is its buying capacity the higher shall its value.

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