The difference between the exchange value of a money and its cost of production is defined as

Name: The difference between the exchange value of a money and its cost of production is defined as
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The difference between the exchange value of money (the value at which it can be exchanged for other goods and services) and its cost of production (including the cost of materials, labor, and other expenses) is called seigniorage. Seigniorage refers to the profit that a government earns by issuing currency.

The Difference Between the Exchange Value of a Money and Its