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New Course
Concept
Monetary Value
Monetary value
represents the
worth of a good
or service in terms of currency, reflecting its
perceived utility
, scarcity, and
demand within a market
. It serves as a
common measure
that facilitates trade, investment, and
economic analysis
by providing a
standardized way
to
compare different assets
and transactions.
Relevant Fields:
Finance 60%
Economic Theory and Concepts 20%
Business Administration 10%
Trade and Global Economy 10%
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