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When the banks need to borrow the reserves to meet their reserve requirements, the central bank charges the interest known as the discount rate. So we can say economics have helped in acquiring a way of thinking towards the production and distribution of the scared resources. It can also be represented through supply curve to know the relationship between price and quantity which in this case is directly proportional. Although it does not have the uniqueness as a store of value and people have other options, but its liquidity gives it and edge and preference over other stores of value as it is readily accepted and available and can be easily transported. For the normal goods, a change in demand is direct while for inferior goods the change is inverse Buy Online Economics Assignment Help
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