Money has value but who determines how valuable it is find out the different ways money is valued and why the value of money keeps changing. The time value of money is the idea that money presently available is worth more than the same amount in the future due to its potential earning capacity. The time value of money is a theory that suggests a greater benefit of receiving money now rather than later it is founded on time preference. Prabhat patnaik why is money more valuable than the paper on which it is printed monetarists link the value of money to its supply and demand believing the latter
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