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Anonymous Anonymous
  • 10-02-2017
  • Business
Answered

please help!

List the three main ways that money obtains value, and provide a brief definition of each.

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Anonymous Anonymous
  • 10-02-2017

In the United States, the U.S. dollar determines the value of money. There are three ways to measure the value of the dollar. The first is how much the dollar will buy in foreign currencies. The exchange rate measures that value. Forex traders on the foreign exchange market determine that value. They take into account current supply and demand, as well as their expectations for the future.

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