Briefly explain the five functions of money

Assignment Help Macroeconomics
Reference no: EM132560147

1. (a) Use a graphical approach to explain the effect of the following changes.

i. A new Covid 19 face mask, made in America, is successful in sales to Zambia.

ii. Zambia reduces its interest rate compared to the U.S., causing investors to sell Zambian bonds and buy U.S. bonds.

iii. Zambians, unhappy with monetary unification, transfer their bank balances to the U.S.

(b) Briefly explain the five functions of money.

Reference no: EM132560147

Questions Cloud

Determine the taxable income and income tax payable : At 30 June 2019, Beta Ltd had the following deferred tax balances: Determine the taxable income and income tax payable for the year to 30 June 2020
Organization of your company top-management team : How would you describe the organization of your company's top-management team? Is some decision making decentralized and delegated to individual managers?
Prepares financial statements on december : Dragonfly plc prepares financial statements on 31 December. Assume the company is preparing the statements for 31 December 2019.
What data science project do you think would be interesting : Your explanation of Blockchain to include why it has been gaining so much popularity. In your own words please. Using a blockchain as a data source.
Briefly explain the five functions of money : Use a graphical approach to explain the effect of the following changes.
Calculate the expected market price per share : Calculate the expected market price/value per share. If the current market price of the share is $4.50, will you buy the share? Explain your answer
What is the amount of the required reserve : The following information is given about the Bank of Brookhaven. The deposits for the bank are $800,000. The bank has reserves of $250,000.
Journalize the petty cash transactions : Journalize the petty cash transactions. Established the petty cash fund by writing a check payable to the petty cash custodian for $200.
How much should be willing to pay for the lc stock : What is the maximum price you should be willing to pay for the LC stock if you believe that the 8% growth rate can be maintained indefinitely?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Plotting the demand curve

Use the demand curve to help you calculate the number of DVDs rented per month and the amount of consumer surplus derived at a rental price of $5.

  Prepare a chart that lists three strengths

Prepare a chart that lists three strengths and three weaknesses of the Consumer Price Index calculation.

  Find the marshalian funtions for utility function

Consider the following utility function: U(X,Y) = max(X, 3Y) (a) draw the indifferent curve for this utility function. (b) find the Marshalian funtions for X and Y and the corresponding indirect utility function.

  To what extent does communist china have that something else

Is Communist China a capitalist economy? To what extent does Communist China have that something else. The paper should be no less than 1500 words.

  Identify and describe the primary economic decision makers

Identify and describe the primary economic decision makers. Describe how money and resources are exchanged in the resource market, indicating.

  Define relationship between pce and pdi

Regress PCE on an intercept and trend and obtain the residuals from this regression. Call it S1.

  What is the price elasticity of demand

You are given the following information for a good. Demand: Qd = 280 - 70P, Supply: Qs = -40 + 30P. What is the equilibrium price of this good? What is the price elasticity of demand at the equilibrium price

  Consider both viewpoints and respond to both sides of the

Proponents of free market systems argue that free enterprise leads to more efficient production and better response to changing consumer preferences. Others point to the fact that markets are not perfect.

  Explain whether rawls would favor redistribution

explain whether Rawls would favor redistribution that limits growth but creates equality or economic development that encourages growth but creates inequality.

  Estimating equilibrium price and quantity

Suppose perfect competition. Yoland is a small nation that takes world value of corn as given. Its domestic supply and demand for corn is given by the following;

  Why us consumers are not overly price sensitive

Using the factors identified by marketing researchers that influence price sensitivity, explain why U.S. consumers are not overly price sensitive when it comes to buying candles.

  A firm in a perfectly competitive market invents a new

A firm in a perfectly competitive market invents a new method of production that lowers marginal costs. What happens to its output? What happens to the profit it receives and the price it charges?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd