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 ...

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 ...

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 ...