Nigerian currency called naira (NGN), according to today s online exchange rate: 1 = 26.
7590 RMB 20 naira Nigerian naira value is about 0.
75 yuan (20\/26.
7590)So mercantilism is the economic policies of jujube industry capital itead of classical political economics.
Correct your fit question, what do you think now is the era of digital currency is premature.
Based on this, we should all be as PengGai point a great praise.
Only when a fixed ACTS as a univeal equivalent of gold and silver currency.
With the development of the feudal society, the technology progress, adopts the foundry process, the height of process also USES the aluminum casting COI today some arts and crafts.
2, the main measures: reduced interest rates, reserve ratio, rediscount rate, increase the money supply, and loose policy, etc.
Fisher equation is said national income level and price level, the number of relatio between the money supply.
A sign of modern economics have?Through the comparison of the above, we can clearly see the gold commission of advantages and disadvantagesPeople go out such a high price?Overall, the currency is not digital currency.
According to the definition of the international monetary fund (IMF), if one country can realize the currency freely convertible under the current account, the country s currency has been included in the convertible currencies.
Such reserve currency issuer can with relatively low price to buy daily necessities.
Fit one example was 100 yuan, a steamed bread 1 dolla, so a start in the hands of money can buy 100 bu.
Aggregate demand function is commodity market and money market equilibrium, at the same time, the output and the price of one to one correspondence relation (en dogenous variable is price, money supply is exogenous variables).