Mersey

Maldivian Rufiyaa (MVR) Definition.



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The Maldivian rufiyaa is the currency of the Maldives. It is subdivided into 100 laari. The rufiyaa was introduced in 1947, replacing the earlier Maldive rupee. Although the rufiyaa is nominally subdivided into 100 laari, coins denominated in laari are no longer in circulation. Who controls all our money? The Federal Reserve System, or the … Read more

What is the price level?



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The concept of the price level of a country refers to the weighted average of the prices of the main goods and services. Weighted goods and services are normally related to the importance given to them in the country, depending on the best before date attributed to them by the people or the national production … Read more