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Economics : Money & Banking

2024-04-17

Money affects prices throughout the economy. In the long run, money determines the price level and the rate of inflation

money and banking are foundational to economic theory and practice, affecting how prices are set, how goods and services are traded, and how economies are stabilized and grown. The roles of money and banking in controlling inflation and shaping monetary policy are critical in maintaining economic stability and fostering growth. As the global economy becomes more interconnected and digital technologies evolve, the complexity of managing money and banking only increases, requiring ongoing adaptation by businesses, consumers, and policymakers alike.

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Filetype: MP3 - Size: 1 MB - Duration: 4:58m (525 kbps 44100 Hz)

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