Author name: Monroe Booker

Properties of Money As we delve into the fundamental concept of properties of money, understanding its properties is crucial. Money serves various purposes in an economy, acting as a medium of exchange, a unit of account, and a store of value. These functions are the cornerstone of any monetary system. The properties of money encompass […]

How Much is 1% As I dive into the concept of how much is 1%, it’s essential to understand that 1% represents a fraction or portion equivalent to one part out of a hundred. This percentage may seem small at first glance, but its impact and significance can vary greatly depending on the context in