Time Value of Money: Causes, Effects, and Methodology

In the present time inflation is the very common word in economics. It’s going to uncontrollable for every country. A country can be insolvent due to higher inflation. Present USA and Iran war increases inflation. Mainly inflation occurs for non availability of specific product. Time Value of Money is one term of inflation. Time Value of Money is one of those economic terms especially when prices rise of specific goods. At its core, Time Value of Money refers to the increase in the general level of prices for goods and services over a specific time. While moderate Time Value of Money is a normal part of a poor economy, high or unpredictable value can create serious challenges for households, businesses, and governments. Time Value of Money shows the development of a country.