In short, money can be anything that can serve as a • store of value, which means people can save it and use it later—smoothing their purchases over time; • unit of account, that is, provide a common ...

Money is just the measure of value that producers use to exchange market goods, which is why markets for money and credit are so vibrant and exacting: since money flows through vibrant markets ...

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of ...