Discuss who would gain and who would lose from legislation

Assignment Help Financial Management

Reference no: EM131305527

1. Discuss whether your money, wealth, or income increases in each of the following situations:
a. The value of your house increases.

b. Your boss gives you a 10% raise.

c. You take cash out of the bank and use it to buy an Apple iPad.

2. Suppose that Congress changes the law to require all firms to accept paper currency in exchange for whatever they are selling. Briefly discuss who would gain and who would lose from this legislation.

Reference no: EM131305527

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