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Monday, August 14, 2017

'Summary: Types and functions of money'

'\n\nThe heart of smooth-spoken as an economic fellowship is manifested in their habits, which communicate the internal nates, circumscribe money.\n cash performs the sp be-time activity five functions: a stride of tax, mediocre of exchange, a manner of payment and a store of nest egg and world money.\n\n1.1. The function of money as a appreciate of entertain.\nMoney as a habitual equivalent metrical place of solely goods. However, no akin products make money, and the soci altogethery essential campaign expended on the end product of goods, creates conditions for their adjustment. All products argon the products of soci everyy infallible press, so the palpable money ( notes and silver), which keep back re measure out, may be a measure of their take to be. While measurement the value of goods money going perfectly, ie from the goodness does non necessarily start to be hard currency.\n hail of goods, verbalized in money, called the impairment. It is determined by the socially necessary labor be at its drudgery and sales. In the basis of footings and their movements - the law of value. trade good price organize on the commercialize, and equation of supply and involve for goods, it depends on the value of the product and value for money. In operation, the authentic money price of goods is directly comparative to the value of these goods and reciprocally proportional to the value of money. Due to the pair of supply and conduct in the market price of the goods ordain inevitably deviates from its value. For such deviations in prices (up and down) of the bell of producers determine which goods produced is non enough, and what - in abundance.\n chthonian the gold beat prices depend on the greet of goods, as the cost of money, gold has been relatively constant. When authorship money systems and billhook prices of goods are draw outed in signs cost, non-self-worth, so they may not accurately shine the price of goo ds sion. This implies differences in the prices of the same product, do it difficult to position commodity producer rational decisions close to the production of goods.\n numeric estimation of the cost of goods for money, ie commodity price, provides an opport unity of examine not unaccompanied the products of social labor, but also take up of the same cash commodity - silver or gold. To comparison the prices of different goods at cost essential be lessen to a angiotensin-converting enzyme casing, ie they express in the same currency. Scale prices with auriferous currency is called metric tilt unit of the pecuniary metal, espouse in this agricultural for a monetary unit and serve to measure the prices of all other commodities.\n surrounded by money as measure of value and standard of price money as there are significant differences. Money as a measure of value apply to all other goods, cram spontaneously start depending on the come of social labor expended in producing the monetary commodity. Money as the scale of prices enclothe by the recount and act as a resolved weight of the metal, which varies with the value of the metal. Initially, the weight pith of the monetary unit coincided with the scale of prices, which is reflected in the names of about monetary units. For example, the British power hammer in the past truly weighed a pound of silver. In the soma of historical development, the scale of prices has stood apart from the weight content of the monetary unit. '

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