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In economics, what does/ed/equal to one mean?

2024-09-17 06:46
In economics, what does/ed/equal to one mean?
1 answer

In economics,/ed/equals one, which usually represents the unit of currency. The meaning of this symbol is that a currency unit can be used to represent the price of various goods and services, such as the price of a cup of coffee or the price of a piece of bread. /ed/equals one can also be used to indicate the exchange rate. The exchange rate refers to the exchange rate between different currencies. In economics, the exchange rate was usually used to measure the purchasing power of a country's or regional currency and the supply and demand of other countries 'or regional currencies. In short,/ed/equals one. In economics, it is usually used to represent the price of various goods and services and to measure the exchange rate between different currencies.

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1 answer
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1 answer
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1 answer
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