Top Menu

Tag Archives | Money

Time Value of Money

Time value of money is defined as “the value derived from the use of money over time as a result of investment and reinvestment”. Time value of money means that “worth of a rupee received today is different from the worth of rupee to be received in future”. The preference for money now, as compared […]

Neoclassical Theory of Money (Monetary Issues): With Graphs, Equations & Formulas

Neoclassical Theory of Money (Monetary Issues): With Graphs, Equations & Formulas! Neoclassical theory of money has been developed as a part of reaction against the Keynesian revolution. Keynes repudiated the classical theory of full – employment equilibrium and demonstrated the possibility of less – than – full employment equilibrium. The counter – revolution which was […]

Gold Standard: Features, Functions, Working, Rules, Merits and Demerits

In this article we will discuss about:- 1. Features of Gold Standard 2. Functions of Gold Standard 3. Automatic Working 4. Rules 5. Merits 6. Demerits 7. Breakdown. Features of Gold Standard: The basic features of the gold standard are: (i) The monetary unit is defined in terms of certain weight and fineness of gold. […]

hit counter