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BFM 412: Monetary Theory and Policy
| Institution | Mount Kenya University |
| Course | ACCOUNTING & FINANCE |
| Year | 4th Year |
| Semester | Unknown |
| Posted By | Rose Oloo |
| File Type | |
| Pages | 97 Pages |
| File Size | 1.08 MB |
| Views | 887 |
| Downloads | 0 |
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Description
Money is anything generally accepted as a medium of exchange. A medium of exchange is virtually anything used to pay for goods and services or settle debts. Thus, the distinguishing feature of money is that society widely accepts it to settle transactions.
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