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What is the difference between currency and money supply?​

2 Answers

2 votes

Answer:

Currency can be anything of value, such as gold (which is not money), property, etc.

Step-by-step explanation:

User Manashvi Birla
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Currency is the system of money that you use, for example: the US uses Dollars and the UK uses Pounds. Money supply is how much currency is in circulation in the country.

User Vertexwahn
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