Moneda nacional refers to the official currency used within a specific country. It is issued by the government and accepted as legal tender for goods and services.
Tipo de cambio: Exchange rate refers to the value of one currency in relation to another, determining how much of one currency is needed to purchase a certain amount of another.
Inflación: Inflation is the sustained increase in the general price level of goods and services over time, resulting in a decrease in purchasing power.
Banco central: The central bank is responsible for managing a country's money supply, controlling interest rates, and maintaining financial stability.
AP Spanish Language - 6.1 Economic Issues
What does "moneda nacional" translate to in English?
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