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Economics - Financial Markets 15 Online
OpenStudy (anonymous):

Two units of the same type of money must be the same in terms of what they will buy, which is the principle of? The answer is Uniformity.. but we're supposed to explain why that's the answer. Can you help me explain why?

OpenStudy (anonymous):

Okay, so the definition of uniformity is the quality or state of being uniform. Now since we know that, what is uniform?? To be uniform is to not change in form or character; Whatever it is, is remaining the same in all cases and at all times. With that being said, it clarified that the money was "the same type of money." It's uniform currency. Currency, unless old or made of a specific rarer material, will never change value. thats the best reason i could quickly come up with.. maybe wait on another to compare mine with.

OpenStudy (anonymous):

That's actually a really good answer though, thank you (:

OpenStudy (anonymous):

Thanks for the medal, and you're welcome.

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