Value of Money
• It means Exchange Value.
• It implies how much of goods and services can be obtained in exchange of a unit of money.
• Value of money is inverse of price.
• When price level increases, the value of money decrease and vice versa.
Forms of Money
• The total money supply of a country can broadly be classified into two groups—Cash Money and Credit Money.
• It also includes all other financial assets.
• The degree of moniness varies widely from asset to asset.
